Euro Technical Outlook

Published February 27th, 2008 - 07:53 GMT
Al Bawaba
Al Bawaba

The rally to 1.5089 this morning is probably the end of wave iii of 3 within the 5 wave rally from 1.4438.  



Objectives are at 161.8% extension; which sit at 1.5129 and 1.5176.  Near term support is at 1.4981To summarize, there is still plenty of upside potential.