EURO/US DOLLAR
Bullish momentum is its strongest in almost a year as the euro rallies for a fourth consecutive week. Now challenging December’s spike high at 1.0875, having gapped higher over the weekend, re-think time for US dollar bulls has started.
SHORT TERM TRADER: New small long at 1.0865; stop below 1.0700. Target 1.1075.
POSITION TAKER: Square.
| SUPPORT | RESISTANCE |
| 1.0825 | 1.0875 |
| 1.0800 | 1.0900 |
| 1.0760 | 1.0945 |
| 1.0700 | 1.1000 |
