Wednesday, December 10, 2014

Today's Market Outlook

The Euro resumed near-term corrective action off 1.2244 low and nearly fully retraced 1.2455/1.2245 downleg. The rally stalled on approach to 1.2455 breakpoint, 04 Dec high, with subsequent pullback finding temporary support at 1.2360, previous base. Daily 10/20SMA's have been cracked but daily close occurred below both moving averages, which



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