HighSky (HighSky)
Currencies  |  December 10, 2012 13:15:00

EURUSD on the border of key support

Following our last comment last week, we can say that the main currency pair EURUSD us gradually strode to the aforementioned and the indicated key support, which is above the 1287 rate.

eurusd, daily comment

Formation of short-term double bottom formed by the end of November, giving the chance to present a slight correction, the euro strengthened against the dollar on actual 1291. The limits of support, however, remains a key for this week, when it is punctured it is possible to simultaneously return the expected 100-day average equilibrium rates.

Josef Kvarda, Analyst

HighSky Brokers, Inc.

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