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Author Topic: EUR/USD Mid-Day Outlook  (Read 1821 times)
Hemant
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« on: February 16, 2011, 11:00:11 am »
EUR/USD Mid-Day Outlook

EUR/USD's correction from 1.3860 is possibly still in progress and another fall would be seen for below 1.3427. Though, even in that case, outlook in EUR/USD will remain cautiously bullish with 1.3253 cluster support (61.8% retracement of 1.2873 to 1.3860 at 1.3250) intact. Rise from 1.2873 is still expected to<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/dvGAe8Y3u70" height="1" width="1"/>

Source: EUR/USD Mid-Day Outlook
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