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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on March 05, 2011, 11:01:43 am

Title: EUR/USD Weekly Outlook
Post by: Hemant on March 05, 2011, 11:01:43 am
EUR/USD Weekly Outlook

EUR/USD's rally resumed after brief consolidations and reached as high as 1.4005 last week. Initial bias remains on the upside this week for 61.8% projection of 1.2873 to 1.3860 from 1.3427 at 1.4037. Break there will extend the whole rise from 1.2873 towards 1.4281 key resistance next. On the downside,<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/I2ePp0MT3ec" height="1" width="1"/>

Source: EUR/USD Weekly Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/I2ePp0MT3ec/)