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View Full Version : Euro May Weaken to $1.20 in 3 Months, Commerzbank Says: Technical Analysis - Bloomber



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10-13-2011, 12:50 PM
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Euro May Weaken to $1.20 in 3 Months, Commerzbank Says: Technical Analysis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEx8wUK78_0BEz3ziR0KQr3pSCTFA&url=http://www.bloomberg.com/news/2011-10-13/euro-may-weaken-to-1-20-in-3-months-commerzbank-says-technical-analysis.html)
Bloomberg
The shared currency, which has strengthened 2.2 percent since Oct. 6, will see gains capped as it reaches its 200-day moving average and the 50 percent Fibonacci retracement of its decline from an August high, said Axel Rudolph, a London-based ...

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