HighSky (HighSky)
Currencies  |  March 06, 2013 11:32:00

EURUSD does not follow the stock markets too


Despite the much acclaimed today reports on new highs on Wall Street and the beginning of the modern trend remains the main currency pair in a little secluded, especially when the euro too not benefit from this for him otherwise favorable development. Development gap between stocks and eurusd so in recent weeks rather unfolds.

eurusd, daily comment

EURUSD during the morning hours today moves close to the border suggested daily pivot, which is the third level of the previous impulse wave. The current core support lies on the boundary S2 1.2978, a level close to the lowest price this week.

Josef Kvarda, HighSky Brokers

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