DAILY MARKET OUTLOOK Update Time: 30 Jul 2015 01:10 GMT
EUR/USD - 1.0967
Euro's close below 1.1022 on Wednesday after an intra-day sharp sell-off from 1.1080 to 1.0967 in post-FOMC New York session signals up-move from July's 12-week trough at 1.0808 has made a temporary top at 1.1129 on Monday and consolidation with downside bias is seen for a retracement to 1.0940/50, however, reckon support at 1.0925 would hold and yield rebound later.
On the upside, a move back above 1.1080 would confirm correction over and bring re-test of 1.1129, break would extend aforesaid rise towards 1.1150/60.
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