Sunday, July 27, 2008

EUR/USD Daily Outlook

EUR/USD's fall was contained at 1.5628, above mentioned 1.5611 support. Subsequent recovery sent 4 hours MACD back above signal line, indicating that an intraday low is in place. Intraday outlook is turned neutral for the moment. As discussed before, fall from 1.6038 is treated as a correction to rise from...



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