EUR/USD: The Support at 1.3159 Has Been Broken

From Recent Commentaries |
January 3, 2013 - 8:16am

EUR/USD has broken to the downside out of its horizontal range between the support at 1.3159 and the resistance at 1.3308. Further short-term weakness is favoured as long as the hourly resistance at 1.3191 (intraday high) holds.

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