21.10.2008 15:17

EUR/USD under pressure again


Seen meeting resistance around $1.3260, the corresponding to a 61.8% retrace of the last move down from $1.3350 to $1.3206. While rate holds below here seen keeping focus ion the downside, a break above to allow for a move back toward $1.3290 (earlier break out point). Bids remain $1.3210/00. Break above session high $1.3350 to target Monday high $1.3520/30






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