Currencies  |  November 06, 2012 05:50:20

Pair EUR / USD came under the S / R level 1.2830

Traders waiting for the completion of the technical formation will finally see a double peak. It is slightly poborcená, but it is. The daily chart of EUR / USD this formation forms since the beginning of September and the last days, it seemed that the course pair can remain in a lateral trend set levels 1.3130 and 1.2830. However, the lower limit was breached yesterday and will last as long as testing the bottom, we can expect a bounce rate drop to as low as 1.2600. If worse macroeconomic data for the euro and the value below 1.2375.
Today indices expected from Spain and Italy, two of the euro area causing instability. Furthermore, data from the UK manufacturing. Afternoon Canadian purchasing managers' index, expressing optimism and evening business report on New Zealand's financial stability.American options will probably also help let the dollar fall in any way. Traders love their confidence and that either Barack Obama or Mitt Romney to ensure next years.

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Pár EUR/USD se dostal pod S/R úroveň 1,2830

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