Wednesday, December 03, 2008
Euro Edges Higher, Euro-zone Retail Sales Likely to DisappointThe euro continues to form a series of higher lows, suggesting EUR/USD could be forming some sort of intermediate bottom.Nevertheless,
intraday rising trendline support near 1.25 is a more significant level
that will be worth watching, as a break below may be followed by a test
of the October lows of 1.2328. Looking ahead, Euro-zone retail... [read more]
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