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Author Topic: EUR/USD Mid-Day Outlook  (Read 4564 times)
Hemant
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« on: February 17, 2011, 11:01:31 pm »
EUR/USD Mid-Day Outlook

No change in EUR/USD's outlook. With 1.3743 resistance intact, choppy pull back from 1.3860 could still extend further lower. Nevertheless, 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<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/6SFwLSKOcFI" height="1" width="1"/>

Source: EUR/USD Mid-Day Outlook
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