Wednesday, February 25, 2015

EUR/USD To Respect Down-Trend At 1.14

While there is still some upside potential for EUR/USD, the currency pair is likely to be capped by the falling trend-line and 20-day SMA at 1.14. At the same time, most of the technical studies are pointing south. Accordingly, the overall outlook for the Euro is bearish, though the currency



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