EUR/USD March 21. 2007
FOMC Meeting to discuss interest rates.
-->>Policy statement issue March 21 @18:15 GMT!!!!!
Look to buy on downsticks for test of 1.3370 and 1.3400!!!!!
Date: Tue, 20 March 2007
Resistance levels: 1.3325/1.3370/1.3480
Support levels: 1.3250/1.3220/1.3170
EUR/USD has remained quiet earlier today . No change in my view. The bias remains positive for further squeeze higher towards 1.3370 and even 1.3400 in mid term. In longer term, first target comes at 1.3480. On downside, further squeeze lower to 1.3250 is possible in short term. The key Support is at 1.3220
Pintu Lund
FOMC Meeting to discuss interest rates.-->>Policy statement issue March 21 @18:15 GMT!!!!!
Look to buy on downsticks for test of 1.3370 and 1.3400!!!!!
longer term first target 1.3480 (TA-only)
Date: Tue, 20 March 2007
Resistance levels: 1.3325/1.3370/1.3480
Support levels: 1.3250/1.3220/1.3170
EUR/USD has remained quiet earlier today . No change in my view. The bias remains positive for further squeeze higher towards 1.3370 and even 1.3400 in mid term. In longer term, first target comes at 1.3480. On downside, further squeeze lower to 1.3250 is possible in short term. The key Support is at 1.3220
Pintu Lund
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