vote now for your favorite broker! ibtimes trading avards 2012

EUR/USD - 1.2717 Daily Market Outlook - Aug 27

August 27, 2010 11:56 AM GMT

Although euro has retreated after the week's erratic rise from 1.2588 (Tue) to 1.2765 y'day, as this move signals recent decline from 1.3334 has formed a temporary low further choppy trading is seen, reckon 1.2655 would contain weakness and yield another bounce.  
  
On the upside, only above said resistance would yield resumption of recent rise to 1.2830/35.

Like us on Facebook

For more forex information, go to www.acetraderfx.com

News From Forex

Do The Greeks Understand Europeans

Athenian's continue their protests. Greece's two main labour unions, GSEE and ADEDY, already plan to hold a 48-hour strike on Friday and Saturday against a new package of austerity measures.

Join the Conversation
Most popular
IBTimes TV

New York Fashion Week 2012: Brandon Sun Draws on Kung-Fu Movies for Fall Collection

Society
Tadashi Shoji Takes Mercedes-Benz Fashion Week 2012 to Another Era

E-Newsletters

We value your privacy. Your email address will not be shared.