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Author Topic: EUR/USD Mid-Day Outlook  (Read 4043 times)
Hemant
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« on: March 09, 2011, 05:32:02 pm »
EUR/USD Mid-Day Outlook

EUR/USD's consolidation from 1.4035 is still in progress and deeper retreat cannot be ruled out yet. But strong support is expected from near term rising trend line (now at 1.3810) to contain downside and bring another rise. Break of 1.4035 will bring rally resumption towards 1.4281 key resistance next. However,<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/jOEhn97syvU" height="1" width="1"/>

Source: EUR/USD Mid-Day Outlook
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