EURUSD: Corrective Pullbacks Looks To Shape Up
HIGHLIGHTS: GBPUSD: Nearer Term Weakness Continues To Dominate – As indicated in our analysis on Thursday, GBP remains biased to the downside nearer term and was seen weakening through its MT rising trendlinedrawn off the 1.3652 level currently at 1.6350 today. EURUSD: Corrective Pullbacks Looks To Shape Up – As EUR was seen trading below its Thursday high (1.4766) in early trading today following a close above its key resistance at the 1.4719 level, potential for corrective pullbacks could be
Invest2forex.com accepts no liability whatsoever for any direct, indirect or consequential loss arising from the use of this forex report or its content. Any forecasts are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation. This report is not to be construed as providing investment services in any jurisdiction where the provision of such services would be illegal. Nothing herein shall be construed as a recommendation to buy or sell any financial instrument or security. This communication prepared by leading forex brokers is for information purposes only. Investors should also consider this report as only a single factor in making their decision to make currency investment in managed accounts