Friday July 8, 2005 - 08:29:24 GMT
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EUR/USD Daily Outlook
EUR/USD - 1.1915
Update time - 08:30GMT
Next update - 01:30GMT
Although euro has fallen after yesterday's brief but sharp rebound to 1.2045, a firm breach below 1.1892 is needed to confirm recent downtrend has finally resumed n bring weakness twd 1.1850 but 1.1800/10 should hold from here.
Above 1.1960/65 would prolong consolidation and risk another corrective rise towards 1.1995/00...
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