Thursday, 20 December 2012

EUR/USD rejected from 1.33 highs; 1.32 support verified

EUR/USD is trading last at 1.3213, off recent daily lows at 1.3187, slightly below previous Asia-Pacific open yesterday, displaying a hanging man candle pattern in its daily chart, with a long tailed upper shadow at fresh 8 ½ month highs 1.3308 ahead of NY open. All in all, the pair is still higher for the week by +0.38%.

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