EUR/USD stalls at hourly Fibo resistance

12/02/2012 | 23:30 GMT

Thanks for the heads-up Matthew; the 61.8% retracement of the fall from 1.3320/1.3150 comes in just below 1.3260, which was the high a few minutes ago. If the market is to start building a renewed bearish profile, then it should start acknowledging some of these technical resistance levels.

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