Forex Analysis: EUR/USD Classic Technical Report 12.21.2012
Prices are putting back from resistance at 1.3283 after putting in a bearish Gravestone Doji candlestick. Channel midline support is at 1.3158, with a break below that aiming for 1.3033. Alternatively, a reversal above resistance aims for the March 27 high at 1.3384.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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