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Author Topic: EUR/USD Daily Outlook  (Read 3958 times)
Hemant
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« on: February 17, 2011, 05:02:23 am »
EUR/USD Daily Outlook

With 1.3743 resistance intact, EUR/USD's 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 to resume sooner or<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/oAvwl1AIA7o" height="1" width="1"/>

Source: EUR/USD Daily Outlook
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