Mar 19, 2013
Forex: EUR/USD from 1.2968 to 1.2934 in a matter of minutes
FXstreet.com (Barcelona) - EUR/USD had had a brief spike towards 1.2965/75 supply area, which keeps limiting advances for the bulls. The rise came, surprisingly, following a Euro-negative headline, in which according to a Cyprus Government Spokesman, the Parliament is unlikely to ratify the bank deposit levy, now trying to find other options to ease the burden on savers. After the ephemeral climb, the Euro automatically fell almost 40 pips to an Asian session low of 1.2934 breaking through the twin floow at 1.2937, printed earlier in the Tokyo open.