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View Full Version : Euro May Decline 1.2% Against Pound on Support Break: Technical Analysis - Bloomberg



NewsWhore
08-18-2011, 06:10 PM
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Euro May Decline 1.2% Against Pound on Support Break: Technical Analysis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH4cUr7_8Q3g-ZvXklH1mOo4lVcKQ&url=http://www.bloomberg.com/news/2011-08-18/euro-may-decline-1-2-against-pound-on-support-break-technical-analysis.html)
Bloomberg
The 17-nation currency failed to strengthen above the 55- day moving average at 88.36 pence earlier this week, meaning it is now poised to decline to a number of support levels including a two-month low set Aug. 5, said Axel Rudolph, a senior technical ...

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