EURUSD keeps the rally in place while it holds above 1.2000

  • Euro finds important support around 1.2005/10 keeping the rally alive. Stops said to be lurking on a break of 1.2000
  • Support under 1.2000 looks minor at 1.1985/90 and 1.1970 (100 H1MA) but stronger at 1.1960 & 1.1935
  • Resistance sticky around 1.2035/45 & 1.2060/65 then into the 1.2080 high. Option barrier still in place at 1.2100.
  • Big option expiry at 1.2020/30 could mean we don’t stray too far
EURUSD 15m chart

EURUSD 15m chart

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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