11/05/2009 : EURO/USD is expected to swing and slide for a day

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11/05/2009, 17h12

ForexAnalysis

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Date d'inscription: avril 2008

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11/05/2009 : EURO/USD is expected to swing and slide for a day

EURO/USD is expected to swing and slide for a day
EURO after making upward rise for week end as expected by us is going to slide today as week beginning false drop before further rise from mid week.
It has formed 1.3667 as high for today and then started the slide to 1.3592.it is expected to swing and slide further to 1.3487 area today.

GBP/USD is expected to swing and slide for today
GBP after making upward rise for week end as expected by us is going to slide today as week beginning false drop before further rise from mid week.
It has formed 1.5263 as high for today and then started the slide to 1.5192.it is expected to swing and slide further to 1.5037 area today.[/COLOR]

Written by Dr. Sivaraman

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