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EUR/USD Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, May 10, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Outlook in EUR/USD remains unchanged. Further recovery to 4 hours 55 EMA (now at 1.5508) cannot be ruled out as long as 1.5387 minor support holds. But decline from 1.6019 is still expected to resume as long as 1.5594 resistance remains intact. Below 1.5387 will flip intraday bias back to...

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