Tue, 29th of April, 2008

By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook

The Euro had a minor recovery against Dollar yesterday. Seems like the pair need some fundamental factors to make a significant moves this week. My model remains mixed with downside bias. Immediate support still at 1.5580. Initial resistance also still at 1.5730.  I am expecting ranging market [...]