Market news
07.12.2010, 18:51


Techs, from SMRA's Michael Sacchitello: " EURUSD needs to hold $1.3249 in order to hold on to the possibility that the post-11/30 correction has room to mature through $1.3538/$1.3716. Conversely, failure to hold $1.3249 reverses short-term euro strength; initially exposing EURUSD to the $1.3204 through $1.3149 area, with settlement below the latter raising the odds of an eventual move to new lows.

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