EUR/USD has key support at 1.2530 says Commerzbank technical analyst Karen Jones, this being a 78.6% retracement of its 2010-2011 move. She says a close for the day under there would be a signal that the next leg of the downmove is underway, targeting the 55 monthly MA at 1.2067. EUR/USD now at 1.2543 from a fresh 22-month low of 1.2516.
Find us on Google+
No comments:
Post a Comment