EUR/USD daily forecast for today ahead of the US Fiscal Cliff decisions.
The Euro USD prices may witness a decrease at the beginning of the
last day of the 2012 year, because most
of the traders stopped their trading awaiting for the decisions concerning the
US Fiscal Cliff.
So we expect that the Euro will decrease to
reach the Moving Average 50 at the 1.3175 level, then towards the Ichimoku
support level of 1.3150 on the 4 hours chart.
We also expect volatility at the end of this
day according to the major economic news about the US Fiscal Cliff that will be
released later today, and it is considered as the main key driver of the market.
That is all for the news of this morning,
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