Euro Versus Pound and Yen December 15th

FX Strategy Video > Currency Pairs Analysis

EUR/GBP fell again on Wednesday, but looks as if it is trying to find support at the 0.84 level. This area could provide the bounce to retest the recent breakdown of the 0.85 level that we found so impressive. Shorting this pair could become possible again soon.

EUR/JPY formed a doji for the session just above the 100 level. This area was support previously, so a bounce could be in the cards. However, the Euro looks sick overall.

Published on 15th of December 2011
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