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Daily Report December 26, 2013

The EUR/USD bottomed out at 1.3665 but the euro managed to bounce as the greenback lost momentum. At time of writing, the EUR/USD is trading at the 1.3695 zone, 0.14% higher. The pair hit the daily high at 1.37. Strong resistance at 1.3724 and a nice sell point
I don’t expect any major move as the volume will remain thin.

Pivot Points
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 1.3609 1.3636 1.3653 1.3680 1.3697 1.3724 1.3741
Fibonacci: 1.3636 1.3653 1.3663 1.3680 1.3697 1.3707 1.3724

Chart EUR USD_5 Mins
Chart EUR USD_5 Mins

 

 

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