HighSky (HighSky)
Currencies  |  December 17, 2012 10:43:00

EURUSD has strengthened the value back to April

The main currency pair EURUSD over the end and the beginning of a new week looked at their best prices for the last three quarters, when his course in the morning moved to 1.3186. The last increase was so overcome by top 5 December, which was lying at 1.3126.

eurusd, daily comment

Currency pair is already on the fourth occasion since September trying to overcome the limit of 76.4% Fibo, which has so far been an important resistant lines. Since taste dealers on EURUSD according sentiment index has never ceased, when higher prices seem to motivate new vendor, it is possible that a more pronounced rapid turnover hardly occurs. Technically speaking, this new peak too does not signaled divergence oscillator, which already faces down on the weekly chart.

Josef Kvarda, Analyst

HighSky Brokers, Inc.

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