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EUR/USD Mid-Day Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, May 16, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/USD strengthens again in early US session and is now pressing mentioned 1.5569/94 resistance zone. As discussed before, the current development argues that EUR/USD might be completing an intraday head and shoulder bottom pattern (ls: 1.5360, h: 1.5284, rs: 1.5396). Focus is now on 1.5569/94 resistance zone and break will...

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