Daily Recommendations on Major -EUR/USD

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 12, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    DAILY MARKET OUTLOOK Update Time: 12 Feb 2016 05:08 GMT EUR/USD - 1.1310 Despite euro's resumption of recent strong upmove to a fresh 3-1/2 month high of 1.1377, subsequent retreat and intra-day weakness in Asia suggests consolidation is in store ahead of a slew of European eco. data in Europe. As long as 1.1274/75 sup holds, mild upside bias remains but above 1.1377/87 res area needed to extend to 1.1400. On the downside, only a daily close below 1.1274 confirms

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