Thursday, November 12, 2009

Euro / Dollar Daily - Showing Weakness

EuroDollar showing weakness last two days.
Close today near first suport area.
Important to follow this cross tomorrow and the next few days.
Euro Weakness US markets can go higher.
Short-Term
Important to hold 1.4812
Big Picture
Expect reversal trend last year with first target 1.42 and second target 1.38.
Resistance 1.4922, 1.4974, 1.5061, range [1.5250,1.53]
Suport: 1.4812, 1.4682, 1.4520, 1.4176, 1.3945
Two consecutive closes below 1.4682 expect 1.4176,14220


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