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Daily Market Outlook
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| Daily
Market Outlook (03 Feb 2012) |
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| Update
Time: |
03 Feb 2012 08:55GMT |
| Next Update
At: |
00:30GMT |
EUR/USD - 1.3149
Euro's volatile movement this week after strong retreat from last Friday's six-week high at 1.3235 to 1.3026 indicated choppy trading would be seen after the announcement of non-farm payrolls, above 1.3197 would signal recent upmove from January's low at 1.2624 has resumed and extend gain towards 1.3282 but reckon 1.3330/35 should cap upside.
On the downside, below 1.3086 would yield weakness towards 1.3026, a breach of this support level would bring stronger retracement to 1.3002. |
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