Amazon

Friday, December 17, 2010

EUR/USD: breaking lower

Gold falls, US yields rise, and dollar finally managed to break higher across the board, not that much yet compared to recent range, enough. Bearish in the hourly chart, pair needs to break below 1.3160 past week low to confirm a continuation towards 1.3100/20 price zone, yet range seems to be here to stay due to low volume: above 1.3210, pair could retest the 1.3240/60 price zone over the upcoming hours. View Live Chart for the EUR/USD

0 comments:

Post a Comment

Free advertising