Euro Technical Outlook

Published July 7th, 2009 - 06:07 GMT
Al Bawaba
Al Bawaba


A triangle remains possible from above 1.4300, as does a flat (price would come under 1.3750).  It is also possible that a significant top is in place above 1.4300.  Near term structure is bearish against 1.4203.  Short term Fibonacci resistance is at 1.4100.