EURUSD hits some old resistance up near 1.20
1.1980/85 has been resistance on approaches to 1.20, and showed up again a day after the failure to hold above 1.20. We’re and hour and a half from the announcement it looks like this is the pre-announcement line in the sand for now.
Dips are likely to be limited to around 1.1950 but don;t rule out some last minute positioning into the announcement that could throw up some sharp swings.
Latest posts by Ryan Littlestone (see all)
- The last NFP competition of 2022 - December 1, 2022
- Will this month’s US NFP be a horror show? - October 4, 2022
- US NFP competition – Do you think there’s going to be a turn in the US jobs market? - August 31, 2022