Euro/dollar sees timid bounce

Date: Monday 17 Nov 2014

Technical analysts at Digital Look pointed out on Monday that the slight gains in the euro/dollar over the last three sessions had little meaning when looking at the chart.
"It's a timid bounce after weeks and months of continuous losses," the experts explained.

The analysts noted that the pair has a small technical resistance at 1.2625 with the main level of technical support coming in at they year's low of 1.2357.





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