Comments on: EUR/USD outlook: Still looking moderately bullish https://fxww.com/eurusd-outlook-still-looking-moderately-bullish/ The Professional Source Wed, 24 Jul 2013 07:43:11 +0000 hourly 1 By: Papillon https://fxww.com/eurusd-outlook-still-looking-moderately-bullish/#comment-25122 Wed, 24 Jul 2013 07:43:11 +0000 http://381c099c8f.nxcli.net/?p=9537#comment-25122 It could be interesting to watch if we break above 1.4340 on EUR/AUD to retest 1.4475 (see chart) ??

On the technical side, we are still in range [1.4475/1.3855] :

http://img4.imageshack.us/img4/3332/xi2o.jpg

False break ???

]]> By: James https://fxww.com/eurusd-outlook-still-looking-moderately-bullish/#comment-24870 Wed, 17 Jul 2013 01:35:02 +0000 http://381c099c8f.nxcli.net/?p=9537#comment-24870 I am coming to the same view on the EURAUD (false break). Also agree that the price action following FOMC is most telling. In particular, the market seems unconcerned by the corner the Fed has painted itself into – and that is the paradox of a commitment to ongoing monetary accommodation (in response to the clear distress the threat of its removal manifests) against the hint of emerging price effects from base money expansion.

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