Monday, May 26, 2008

EUR/USD Weekly Outlook

EUR/USD's rebound from 1.5284 extended further to as high as 1.5813 last week before turning into sideway consolidation. Though, with an intraday top in place at 1.5813, initial bias is neutral this week. Some more sideway trading could be seen with risk of another pull back to 4 hours 55...



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