Wednesday, December 17, 2014

Market Morning Briefing

Reiteration of FED's hawkishness sent Euro (1.2340) tumbling through its supports. It has broken below 1.2370, the larger trend decider therefore the bullishness we saw with the breakout are void. Euro is now holding above the final support at 1.2315. As long as it trades below 1.2450, the targets are 1.2200.



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