The euro is trading at 1.3461 currently, well below the PP for today, after running into resistance at 1.3522 yesterday, briefly. Breaking below 1.3462 support would likely lead to another test of the 1.3400 lows. Needs to get back to the 1.3480 zone to maintain its slight upward bias, facing resistance at 1.3520 followed by 1.3545. The next task is to clear the peak then a rally towards 1.3600 should ensue before sellers step in again.
Today's Pivot Points:
R3 = 1.3576
R2 = 1.3549
R1 = 1.3508
PP = 1.3481
S1 = 1.3440
S2 = 1.3413
S3 = 1.3372
Today's Calendar:
~None....yeehaaaaa!!!
Today's Strategy:
1- Buy euro, 1.3460, 1.3430
2- Sell euro, 1.3510, 1.3520
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