EUR/USD Forecast Dec. 2nd, 2011, Technical Analysis

EUR/USD had a positive day on Thursday as traders continue to see potential movement in the crisis by leaders of the EU. The pair again struggled with the 1.35 level as resistive, and the pair looks a little heavy at this point. The daily candle is a shooting star, and looks very bearish. However, the breaking of the bottom needs to happen in order to confirm a sell signal. Also, one has to be aware of the Non-Farm Payroll announcement later today, and that the announcement can move the market in very unpredictable ways.

EUR/USD Forecast Dec. 2nd, 2011, Technical Analysis EUR/USD Forecast Dec. 2nd, 2011, Technical Analysis

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