Forecast and analysis - 03.05.2009
Mar.06, 2009 in
Analyst
EURUSD
The Euro is pulling back from the 1.2660 region where it topped on yesterday and the downside may remain under pressure ahead of the ECB expected rate cut today. Hourly momentum is bearish at the time of this report and intra-day support is seen at 1.2540/55, backed by 1.2450/55 and 1.2330. Daily sentiment is bearish [...]






