EUR/USD Outlook – February 22-26

February 20th, 2010 admin

A sixth negative week brings the Euro close to another major support line. The upcoming week is quite eventful in the Euro-zone, with the IFO survey, inflation numbers and final German GDP standing out among the many events. Here’s an outlook for this week’s European events, and an updated technical analysis for EUR/USD on its lower ground. EUR/USD graph with support and resistance lines marked. Click to enlarge: The ongoing trouble in Europe also brought it to a decade low against the Aussie . This pair is also…


Originally posted on ForexCrunch

 
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