Thursday, December 26, 2013

EUR/USD Mid-Day Outlook

Intraday bias in EUR/USD stays neutral for the moment. But note again that with 1.3621 minor support intact, outlook is mildly bullish. Above 1.3810 should send the pair through 1.3832 resistance towards 1.4 psychological level. However, break of 1.3621 will argue that the rebound from 1.3294 has completed and turn near term outlook mildly bearish.



Continue Read...

0 comments:

Post a Comment

Site Search