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View Full Version : Euro May Decline to Two-Year Low on Channel: Technical Analysis - Bloomberg



NewsWhore
09-04-2012, 09:30 PM
Euro May Decline to Two-Year Low on Channel: Technical Analysis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEPTFJKCvwuZ5P9tMdqP8Xc-0RjqQ&url=http://www.bloomberg.com/news/2012-09-05/euro-may-decline-to-two-year-low-on-channel-technical-analysis.html)
Bloomberg
The single currency has never climbed above the channel, and its upper limit was about $1.2674 today, according to data compiled by Bloomberg. The euro dropped 0.3 percent to $1.2535 as of 10:38 a.m. in Tokyo from the close in New York yesterday.

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