EURO/US DOLLAR
Having retraced almost 61 per cent of the post-Trump slump surely it’s time for some to go back to the drawing board. A weekly close above 1.0800 would constitute a significant break.
SHORT TERM TRADER: Small long at 1.0865; stop below 1.0700. Target 1.1075.
POSITION TAKER: Square.
SUPPORT | RESISTANCE |
1.0835 | 1.0875 |
1.0800 | 1.0900 |
1.0760 | 1.0945 |
1.0700 | 1.1000 |