EUR/USD Mid-Day Outlook
EUR/USD's rebound form 1.4054 lacks follow through buying and weakens sharply into early US session. the break of 1.4239 minor support mixes up near term outlook and we'll turn neutral first. On the upside, note again that break of 1.4537 resistance is needed to confirm resumption of rebound from 1.3837,
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This entry was posted on Monday, August 8th, 2011 at 1:02 pm and is filed under Technical Forex. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.