Friday, November 9, 2012

Guide to the EUR/USD Breakdown and Where Next

EUR/USD continues falling steadily yet persistently and is digging deeper in two-month lows. The loss of the uptrend support line (within the narrowing channel) proved decisive.A combination of Obama’s re-election and Greece’s issues continues weighing on the pair. Where will it end? EUR/USD already lost the channel on Friday, November 2nd, after the excellent Non-Farm
Read More... [Source: Forex Crunch - Posted by FreeAutoBlogger]

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