Advertisement
Advertisement

Euribor Forecast – January 24, 2013

By:
FX Empire Editorial Board
Updated: Jan 1, 2011, 00:00 GMT+00:00

March 13 resistance at 99.73. Above 99.74 today look for 99.77. Support at 99.72/71 then 99.69/68 lows. A break lower targets 99.64/63. June 13 resistance

Euribor Forecast – January 24, 2013

March 13 resistance at 99.73. Above 99.74 today look for 99.77. Support at 99.72/71 then 99.69/68 lows. A break lower targets 99.64/63.

June 13 resistance at 99.68/69. Above 99.70 sees 99.72/73. Support at 99.64/63 then 99.61 lows. Below 99.61 however sees 99.59 then 99.55/54.

Sept 13 resistance at 99.64. A break higher targets 99.68 then 99.70 before 99.72/73. Support at 99.60 then 99.56 before 99.54/53 to hold the downside once again.

Dec 13 resistance at 99.58/59. Above here today look for 99.62/63 then 99.66/67 above. Some support at 99.55 then 99.50 before last week’s low and a buying opportunity once again at 99.47.

About the Author

FX Empire editorial team consists of professional analysts with a combined experience of over 45 years in the financial markets, spanning various fields including the equity, forex, commodities, futures and cryptocurrencies markets.

Did you find this article useful?
Advertisement