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Technicals

July 23 market commentary and technical levels

22 Jul, 2008 @ 06:14 pm EST
swibowo
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Wed, 23th of July, 2008

By Setyo Wibowo (analyst@fxinstructor.com)

EURUSD Outlook

The EURUSD failed to maintain it’s bullish momentum yesterday. The pair topped at 1.5943 before sharply fell and bottomed at 1.5758 and closed at 1.5786. The key level at this phase is 1.5750. A break to the downside could open the door for a further downside movement [...]

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