Spot Euro, Dax, Eurostoxx, E-Mini S&P, FTSE 100

Forecast for 21st December 2012 Spot Euro EURUSD went for a retest of the week’s high at 1.3308 and failed just below here leaving a small double top in place. We fell sharply from here once again and are testing support at 1.3207. Watch for a move below 1.3185 to signal continued weakness to good support at 1.3155/45. Exit shorts here and buy in to longs as we look for a low for the day before the weekend. We do need a stop loss below 1.3120 for 1.3094, possibly 1.3060/45. Exit shorts here

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Spot Euro, Dax, Eurostoxx, E-Mini S&P, FTSE 100

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