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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Sentiment: -15.1 vs. -12 exp. vs. -9 prev.
Conditions: 90.6 vs. 85.0 exp. vs. 87.6 prev.
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While showing modest upside strength so far, Slobodan Drvenica of Windsor Brokers is doubtful of the recovery suggesting: Broader outlook remains bearish, with the latest weakness under 1.4100, increasing risk of fresh attempt at 1.4000, below which to focus 1.3950 and 1.3836 on a break
it will likely be headed higher...(with possibility of pullback to 4050 level first.. but 4014 should hold) to 4340/50 then 4460/80...