I would like to recall my Friday's title, 'Cleared To Take Off', and YES indeed, euro took off in Tuesday's morning session with 100 point rally to 1.3520, mercilessly, before tumbling yet again and right now seems at peace trading at 1.3440 sumthin'..1.3520 has been a tough nut to crack, huh? I'm still willing to take a bullish stance for the euro against the US dollar...well..as long as the 1.3410 support holds..1.3520 serves as immediate resistance, a break on either side may decide the upcoming market direction, but dount count too much on this for the time being though..just wait for the NFP to spell the disaster...
Pivot Points
R2 = 1.3558
R1 = 1.3503
PP = 1.3461
S1 = 1.3406
S2 = 1.3364
Trade ideas; Looking to buy 1.3420, sell 1.3510-20...
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