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Opinion

Tax take plenty

Tax take plenty
February 22, 2017
Tax take plenty

EURO/US DOLLAR

Dipping again and bearish momentum increasing a tad as we keep an eye on European opinion polls. Note that against the pound at £0.8400 it’s at its weakest since just before Christmas.

SHORT TERM TRADER: Small long at 1.0625; stop below 1.0500. Target 1.0730/1.0800.

POSITION TAKER: Square.

SUPPORTRESISTANCE
1.05001.0570
1.04801.0630
1.04501.0680
1.03901.0760