EUR/USD
July 25th, 2008
| Tags:
The forex market is in a correction mode today. Economic data were dissapointing for EUR and USD and probably this is the reason for some profit taking. The sentiment is bullish for the dollar in the last few days and large players are selling the rallies. Strong offers currently cap the upmove near 1.5730. Resistance is in the 1.5760/80 zone and then 1.5830 and 1.5885. Support is 1.5610 and 1.5535.
Leave a comment
| Trackback