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Today's Market Outlook

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 5, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Recovery attempt from 1.9336, 22 Jan low, has been capped by 1.9940/57, yearly high zone, retracing between 23.6% and 38.2% of the 2.1161/1.9336 decline, ahead of reversal. Market sharply dipped to 1.9626 on 04 Feb, followed by bounce to 1.9786. Near term studies remain weak, with fresh decline from 1.9786...

    complete article here...

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