Monday, 16 December 2013

euro slide continues

by Unknown  |  in Trading at  07:01

We went through 1.3760 on the second attempt after it became intraday resistance, but are holding just ahead of 1.3750.  The 55 h1 has also held up here and a fall through will see us looking at 1.3735 and then last Fridays lows just ahead of 1.3700.
EUR/USD h1 chart 16 12 2013
EUR/USD h1 chart 16 12 2013
Elsewhere the dollar is largely doing nothing with USD/JPY stuck in a 30 pip range.

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