Wednesday, February 13, 2013

The Euro is still Haunted the fall to below 1.3400

Euro Masih Dihantui Kejatuhan Ke Bawah 1.3400

Monexnews-Euphoria to Euro was already fading. Signals from Mario Draghi's press conference Thursday and still weighs on Euro movements, bringing in a single currency to 1.3350, and traded in a consolidated area near 1.3365 area.


The Euro was pressured on Thursday and related comments, and continue pelemahannya Draghi last week, penetrating below the 1.3400 level support. Currently the Euro is still down 0.26% in figures close to 1.3365, to immediately test 1.3349 (low 25 January) ahead of 1.3265 (low Jan. 23) to then to 1.3215. To the contrary, the movement upward 1.3462 transpiration (the low February 5) will open up opportunities to 1.3510 Euro (MA-10 days) and finally at 1.3577 (high Feb. 7).


The Euro has so far still stable of weekly closure moves on Friday yesterday near 1.3368 area, still in the range of 20 pips for today, with most Asian exchanges closed for public holidays.

(AR)



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Title Post: The Euro is still Haunted the fall to below 1.3400
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