Recap Of February
Opening Price: - 1.1310 on 2nd February
High of the Month: - 1.1535 on 3rd February
Low of the Month: - 1.1159 on 27th February
Close of the Month:-1.1159 on 27th February
Fundamental Analysis:-
1. Strong NFP data.
2. EU- Greece Talks.
3. German Employment drops and strong US CPI date sent the Euro down towards the end of the month.
Sentiment Analysis: - Same old bearish till 1.0800, 1.0700 and finally 1.0500.
The upside was considered to be capped by 1.1975 (High of Last month) never breached.
Opening Price: - 1.1310 on 2nd February
High of the Month: - 1.1535 on 3rd February
Low of the Month: - 1.1159 on 27th February
Close of the Month:-1.1159 on 27th February
Fundamental Analysis:-
1. Strong NFP data.
2. EU- Greece Talks.
3. German Employment drops and strong US CPI date sent the Euro down towards the end of the month.
Sentiment Analysis: - Same old bearish till 1.0800, 1.0700 and finally 1.0500.
The upside was considered to be capped by 1.1975 (High of Last month) never breached.
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