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NewsWhore
07-07-2011, 08:40 PM
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Euro to Drop to Lowest in 3 1/2 Months Versus Dollar: Technical Analysis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGvDN_fL3ThpUzmO03TnQkwezih5A&url=http://www.bloomberg.com/news/2011-07-07/euro-to-drop-to-lowest-in-3-1-2-months-versus-dollar-technical-analysis.html)
Bloomberg
Should the euro drop below the 100-day moving average, the currency will probably approach the June 16 low of $1.4074 and possibly extend losses toward $1.3903, the 50 percent Fibonacci retracement of this year&#39;s rally to $1.4940 from $1.2867, ...

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