HighSky (HighSky)
Currencies  |  February 18, 2013 11:09:00

Draghi today will help the euro ..?

The main currency pair in recent days found just below the equilibrium price 1335, from which at times slightly deviates. With today's growing candle eurusd is the second time in the last week trying to break free from its declining trend channel. However, if today the euro will reverse this trend and permanently break through short-term trend channel, it might be better determined after an afternoon speech, the representatives of the ECB, which can significantly with the currency pair cuckold.

eurusd, daily comment

Speech will start today at 15:30. Whether they already have completed the last phase (V) and now we are waiting for more than the current correction when leaving the current channel, or it still exists only in the shorter corrective formation, before finishing fifth phase, it is better to identify in laterafternoon or tomorrow.

Josef Kvarda, HighSky Brokers

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