October 06 market commentary and technical levels

Mon, 06th of October, 2008 By Setyo Wibowo (analyst@fxinstructor.com) EURUSD Outlook The EURUSD didn’t make a significant movement on Friday. Worse than expected US NFP data help the pair corrected to the upside, topped at 1.3908 but further bullish correction was rejected as the pair closed lower at 1.3772 . This fact keep the current bearish scenario intact.

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