SpotEuro Forex Daily Outlook February 26, 2010

Once again the market is unable to break below 1.3450, and we expect it to reverse if it is not able to close lower during todays session. Economic data overnight was mixed, with the yen gaining and the pound selling off the most during the last 24 hours. With GDP figures coming out of the UK and the US along with other data, well be focused to see if dollar strength continues. Until tomorrows action, it seems the market is trying to put in a bottom.

Dont forget, we will be hosting a News! Trading session Friday, February 26th, 1500 GMT/7am EST. Premium members may access the direct link in the Members Downloads section.

If youd like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the members area. Please visit us at www.spoteuro.com

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