Euro rose to a one-week high against the dollar on optimism a European Central Bank official will indicate slower rate cuts.
Tech view apr 06 2009
EURO R1: 1.3680 S1:1.3450
R2: 1.3690 S2:1.3440
chart pattern indicates the currency to move on bull run for the day. Trading range for the day is expected between 1.3490-1.3650levels for the day. Day Stochastic signals for slight upward correction for the day .Overall the currency is seen on buy side today.
Monday, April 6, 2009
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