Analysis and market intelligence on fixed income, forex and equities in Asia, EMEA and Latin America

Economy / Romania

Long Term Bullish

December 2005 | Currency Forecast
Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.

[
: *
[
: *


If you would like to subscribe to Emerging Markets Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Emerging Markets Monitor please click on the trial link below.

Recent price action in RON/EUR has formed a pendant formation on the daily chart, with an apex at RON3.6400/EUR. A break-out is possible over the coming days. A breach of RON3.6000/EUR or RON3.5000/EUR would set the short- term