EUR Trading Outlook (31-03-2011)

The Euro (EUR) dipped in Europe but reversed once again on strong EUR/JPY buying which tracked stock markets higher in the US Session. Resistance was found at 1.4150 for the second day and the market may wait until Friday US jobs reports for fresh direction. Overall the EUR/USD traded with a low of 1.4051 and a high of 1.4149 before closing the day around 1.4135 in the New York session. Looking ahead, February German Retail Sales are forecast at 0.4% vs. 1.4% previously.

Back to EUR Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.