EUR/USD Daily Outlook
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EUR/USD Daily Outlook
Mon, Mar 31 2008, 08:18 GMT
by AceTrader Team
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INTRA-DAY EUR/USD OUTLOOK: +1.5793+
Updating time :31 Mar 2008 07:54 GMT
Although intra-day retreat fm 1.5817 has kept
price under pressure, outlook remains consolidative
n as long as sup 1.5741 holds, mild upside bias is
seen for a rebound to 1.5800 but break of said res
is needed to retain bullishness, 1.5840 later.
Buy dips with stop below there, break wud risk
weakness to 1.5726 sup 1st...
Range Forecast
+1.5775 / 1.5805+
Resistance/Support
R: 1.5840/1.5859/1.5905
S: 1.5760/1.5741/1.5726
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Published on Mon, Mar 31 2008, 08:51 GMT
Archive
- EUR/USD Daily Outlook
Published On Thu, Jan 8 2009, 03:55 GMT - EUR/USD Daily Outlook
Published On Tue, Jan 6 2009, 09:12 GMT - EUR/USD Daily Outlook
Published On Mon, Jan 5 2009, 09:30 GMT - EUR/USD Daily Outlook
Published On Fri, Jan 2 2009, 06:19 GMT - EUR/USD Daily Outlook
Published On Wed, Dec 31 2008, 05:55 GMT
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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