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 Dollar Slides To New Multi-month Low Against Euro

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fxpulsation




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Dollar Slides To New Multi-month Low Against Euro Empty
PostSubject: Dollar Slides To New Multi-month Low Against Euro   Dollar Slides To New Multi-month Low Against Euro Icon_minitimeTue Sep 11, 2012 11:52 am

Dollar Slides To New Multi-month Low Against Euro


The US dollar extended its recent downtrend against the euro in early European session on Tuesday, falling to 1.2820 around 3:30 am ET, its lowest level since May 22.
The next downside target for the greenback is seen around the 1.2985/1.30 area, at which the channel resistance meet in the daily chart of the EUR/USD pair.


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