Chrysler to proceed with Chapter 11 bankruptcy after debtholder talks broke down-Admin Official.
Risk aversion trade has been ratcheted up another notch, cable down testing 1.4745/50 technical support. Meanwhile EUR/USD has broken the 100 day moving average at 1.3221/ 1.3223 fibo level, triggering stops around 1.3220 and we’re quicklydown to 1.3205 at writing.
EUR/USD supports now 1.3200 and 1.3170/75.
