SpotEuro Forex Daily Outlook July 28, 2010

By Alex Kazmarck
28 July 2010 @ 03:30 am EDT

Yesterday's mixed trading session didn't confirm the current market direction and left us wondering what's going to be the next big move. With most of the pairs trading at recent highs, there is some hesitation in some of the other pairs - EUR/USD, USD/CHF, USD/JPY and USD/CAD. Will the current levels turn out to be the point at which the market reverses or will we see another push? In today's analysis, we cover several scenarios that may occur over the next two weeks.

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