16 Feb 2015
EUR outlook uncertain – Kshitij Consultancy
FXStreet (Barcelona) - The Kshitij Consultancy Team, views that the EUR outlook stays indecisive as markets await the outcome of the Eurogroup-Greece negotiations.
Key Quotes
“The Euro trades higher but the Resistance at 1.1458 mentioned on Friday holds well enough so far. Further Resistance seen at 1.1480 as well.”
“Failure to break above these Resistances can still the Euro down again within its longer term downtrend.”
“Immediate outlook is indecisive and ranged while the market waits for the outcome of the Europe-Greece negotiations.”
Key Quotes
“The Euro trades higher but the Resistance at 1.1458 mentioned on Friday holds well enough so far. Further Resistance seen at 1.1480 as well.”
“Failure to break above these Resistances can still the Euro down again within its longer term downtrend.”
“Immediate outlook is indecisive and ranged while the market waits for the outcome of the Europe-Greece negotiations.”