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

Forecast for 7th December 2012 Spot Euro Euro took a tumble as predicted and has hit our target of 1.2949. We suggested taking profit on shorts here with the chance of a low for the day and indeed this has been the exact low for the move. Longs here need a stop below 1.2935 in case of further weakness as a break lower could then keep the pressure on for 1.2894 and if this fails to hold we look for 1.2839 as the next target. It is likely we see a floor here if we fall this far so exit any

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

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