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

Forecast for 22nd February 2013 Spot Euro EURUSD broke the 7 month uptrend line support at 1.3245 for a test of 1.3187/83 Fibonacci support & bounced just below at 1.3161. Today we expect a recovery with targets of 1.3246 & then 1.3295/1.3310. This is tough resistance & may cap the bounce. However if we see further strength look for 1.3370/80 which we see as a very good selling opportunity with a stop above 1.3440. Support at 1.3180/60. Again a chance of a bounce but a break lower

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

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