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| | | | DailyFX Delivered To You: Daily Technical Analysis Article Thank you for signing up for DailyFX research. Please see below for today's Technical Analysis: - Waiting for a Washout to Cover AUDUSD
The global growth slowdown trade continues to work. Crude and copper are off 2% to start the week while the USD and JPY are up. The next level of interest for crude is a November pivot below 9100. Copper is trading at its lowest level since January and the 2012 low at 3.3925 is significant. Expect a free fall type decline if that level gives way. The same can be said for gold and its December low. - Euro Set to Test Key Support; Looking to Buy into Dip
The Euro remains pressured in the early week but now fast approaches some critical support. We anticipate that the market will correct from there… Reminder, you will receive daily e-mails with the latest DailyFX Technical Analysis Article. Visit the DailyFX forum to ask our DailyFX analysts questions, share your thoughts on this article, or talk with other traders. Want more news? Sign up for additional newsletters. Have questions or comments about this article? You can contact our research team at research@dailyfx.com Best regards, DailyFX
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