Comment - Strategy: Important resistance levels at previous tops combined with Draghi’s comments, led euro below 1.3000 area.
We expect a decline resumption towards 1.2910-15 and 1.2880 support levels, which could offer buy opportunities if they are reached without a prior retracement. Stop loss should be set below 1.2855 area.
On the upside, first resistance level emerges at 1.3000-10, followed by 1.3030-40. These levels should not be breached in terms of our downward scenario. Sell orders will be tried, with stop at 1.3065…
Source http://www.fxstreet.com/technical/analysis-reports/fx-market-report/2012-12-07.html
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