Forex Forum

Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on February 28, 2011, 11:03:11 pm

Title: EUR/USD Mid-Day Outlook
Post by: Hemant on February 28, 2011, 11:03:11 pm
EUR/USD Mid-Day Outlook

EUR/USD edges higher to 1.3854 in early US session but upside is still limited by 1.3860 resistance. Intraday bias remains neutral and consolidation from 1.3860 could till continue. Below 1.3704 minor support will flip bias back to the downside for 1.3427 as the third leg of the consolidation. But after<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/UwGKzoijYy0" height="1" width="1"/>

Source: EUR/USD Mid-Day Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/UwGKzoijYy0/)