Fri, 07 Oct 2011 08:44:35 GMT
The outlook is positive
“There are still plenty of problems that face the European financial system. The risk rally will probably run out of steam in the next week”- RBS (based on Reuters)Industry outlookThe currency couple is presently headed towards 1.3680/90,although it is expected to struggle near a resistance line at1.3447. The long-term target remains at 1.2860, currently coveredby supports at 1.3250 and 1.3145.Traders’