Today we have a historically day because the price has managed to broke the mayor support from 1182,37 – 1180,17. This was an important support after June 2013, when we had a spike down and the price was unable to fall below this level until today. The price is now trading at 1176.6, this level was untouched since 2010. If the price will continue to fall we have another support around 1155.5, this situation will push the US Dollar even higher.
By Olimpiu Tuns – Owner and Market Analyst at http://ovtbusiness.com/en/