Share 'EUR/USD Outlook - Week Of November 18th, 2012'
EUR/USD could not break below 200-day moving average support mentioned. The currency pair went as low as 1.2661 but jumped up to 1.2802 and after finding resistance below 22-day EMA, dropped by 112 pip before closing for the week at 1.2742. The movement during the later part of the week has been non-directional.
EUR/USD and 200-day Moving Average Support:
Though our ove…
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