Tuesday, November 15, 2011

Marker Commentary

EUA Dec11 trading lower today. In the morning there were still some positive signs, however lack of buyers lead to carbon falling first below 10.00 EUR and after breaking also 9.90 EUR.

Technically we see a downward breakout out of the triangle meaning very little support at current levels. Next possible support between 9.80 nad 9.65 EUR.

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