Sunday, 26 August 2012

Asian trading EUR/USD Down 8/27 2012

forex trading outlook today - Asian trading EUR/USD Down 8/27 2012 : The Euro was lower against the U.S. Dollar on Sunday. EUR/USD was trading at 1.2510, down 0.01% at time of writing.

The pair was likely to find support at 1.2347, Tuesday’s low, and resistance at 1.2590, Thursday’s high.

Meanwhile, the Euro was down against the British Pound and up against the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.7909 and EUR/JPY rising 0.001% to hit 98.42.

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