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EURUSD FORECAST FOR THE WEEK OF APRIL 23-27, 2012

EURUSD’S fall from the April 2 high of 1.3379 will be complete at 1.2994 with a daily open and higher close above 1.3141 with risk for further rise in the days ahead targeting 1.3232, 1.3289 and 1.3379.  For the week ahead, look for further rise in the days ahead targeting 1.3379 while daily prices remain above 1.3110 as a daily open and lower close below 1.3110 will turn the nearterm outlook to neutral.

  • Posted by adminfx
  • On April 22, 2012
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