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EUR/USD Outlook January 16-20

From forexcrunch.com

Euro/dollar had another roller coaster week which ended in a fresh 16 month low.The upcoming week features the important ZEW survey and inflation numbers in addition to other events. Here’s an outlook for the upcoming events, and an updated technical analysis for EUR/USD. At first, things were looking good for the euro – the single currency enjoyed Draghi’s confidence regarding the success of the LTRO operation. The aversion of a credit crunch is far from certain, after Friday’s events. France lost its perfect AAA rating, together with other euro-zone countries. In addition, Greece is on the brink of default after ... (full story)

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