Analysis details (11:08)
- Shorter-dated implied vols remain better bid given the uncertainty surrounding the debt buyback.
- The pair failed to break 1.3000 to the upside earlier in the session.
- Next major technical support level seen at the 50DMA line at 1.2906 and then at the 200DMA line at 1.2800.
27 Nov 2012 - 11:07 - - Source: RANsquawk
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: