HighSky (HighSky)
Currencies  |  November 30, 2012 11:21:00

EURUSD have fulfilled what he had ..

Following our Wednesday's comment , we can say that the main currency pair really found its way to the new preferred top, with the target of 76.4% last long downward wave.

eurusd, daily comment

Although further price growth still evokes a short traders sell their positions to adopt, it is quite possible that in this technical eurusd let go off track slightly and possible further decline could trigger another wave selection gains. This would ultimately could somewhat offset ratios long / short positions that are currently loaded by the dollar too. It remains to be seen until next week, have a nice weekend.

Josef Kvarda, Analyst

HighSky Brokers, Inc.

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