Wednesday, 26 September 2012

1.2815 Pivotal For EUR/USD -Citi

1.2815 hugely pivotal for EUR/USD, Citi says, since it was the low on the day the German constitutional court paved the way for Germany's parliament to ratify the ESM, on the eve of QE3. A break back below there puts EUR/USD back in a downtrend, traders at Citigroup say. EUR/USD is at 1.2868.     

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