Thu, 22th of May, 2008

By Setyo Wibowo (

EURUSD Outlook

The EURUSD continued it’s bullish scenario convincingly yesterday, topped at 1.5797, 72 pips higher from my conservative long target at 1.5725. Although my model remains long, the pair’s bullish power could be exhausted as CCI already in extreme overbought area on daily chart. So expect a correctional [...]