Euro Technical Outlook

Published August 5th, 2009 - 06:26 GMT
Al Bawaba
Al Bawaba


Last week’s break above 1.4340 confirmed that wave v of C is underway towards 1.4720.  Near term, a setback into the 1.4200-1.4300 zone (structural support) would warrant bullish action against 1.4000.