Mon, 12th of May, 2008

By Setyo Wibowo (

EURUSD Outlook

The Euro continued to move stronger against Greenback on Friday after the downside movement rejected at 1.5284 on Thursday. My model is long, targeting 1.5525 area followed by 1.5570. Immediate support seen at 1.5420. CCI in neutral area on daily chart.

EURUSD Daily Supports and Resistances:

S1= 1.5420

S2= [...]