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Today's Scenario:
With Mr.Bernanke showing no hints towards further easing(Operation Twist) and the ECB chairman not sounding as optimistic as he did in his previous speech,there was nothing much seen in the price action.We maintain our outlook for the bounce to be in force until unless we have a daily close below 26.60.Support lies at 26.80.This bounce should retest 28.07-28.35 zone.
Happy Trading.
With Mr.Bernanke showing no hints towards further easing(Operation Twist) and the ECB chairman not sounding as optimistic as he did in his previous speech,there was nothing much seen in the price action.We maintain our outlook for the bounce to be in force until unless we have a daily close below 26.60.Support lies at 26.80.This bounce should retest 28.07-28.35 zone.
Happy Trading.
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