???URO (quick) update – $EURUSD $6E_F

Following up on this morning post, important 100+ pip selloff occured.

2012-12-06_1531

The pair is currently “resting” just below the 1.2960s area marked this morning and 1.2940 is a swing point. If buyers do not show up and defend the current level, I would be looking at 1.2940s, which is another key price point and swing area. Specifically 1.2944-1.2936

2012-12-06_1534

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