FOREX EUR/USD Weekly 16th Aug 2008
Euro Weekly and Daily
Weekly lows supported price early this week, but with the Weekly breakout once again, the expectation price is heading down into the Weekly lows next week.
Eventually the Euro will swing back and re-test the August breakout, which should occur in the last week on this month, and then continue down in September.
The Weekly lows supported price early this week and moved back into the 3-day filter, and the rest of this week continued down.
Daily report after 11.00am on Monday