The euro zone economic calender is light this week ,with Germany Trade Balance (GTB) due out early tuesday and E-15 July industrial production. Also due out this week will be the ECB monthly economic report ,which is likely to reveal a downgraded assessment for the economy whille reiterating the current inflationary outloook.
I think EURUSD will support at 1.3977 ,backed by 1.3818 and 1.3592 .On the topside ,gains will target interim resistence at 1.4355 ,followed by 1.4582 and 1.4735
EURUSD Support on Bailout New
Admin, September 08, 2008
Labels:
Bailout,
ECB,
EURUSD,
Trade Balance
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