Thursday, January 22, 2015

Today's Market Outlook

The Euro holds within a narrow-range, awaiting the verdict from today’s meeting of ECB. Near-term tone remains weak, with yesterday’s probe above daily, sideways-moving Tenkan-sen that spiked to a fresh high at 1.1680, being short-lived. Overall bearish technicals keep focus at the downside, as past few days consolidation stays capped



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