Euro Versus Dollar and Kiwi December 23rd

FX Strategy Video > Currency Pairs Analysis

EUR/USD rose during the Thursday session, but failed to hang onto the bullish momentum going into the end of the day. The resulting shooting star is the second in a row, and we currently sit on the 1.30 support level.

EUR/NZD fell on Thursday, and even broke the bottom of the hammer from the Wednesday session. This shows extreme weakness, and should continue to push this market lower over time.

Published on 22nd of December 2011
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