Not a Member? Join Now!   Already a Member? Sign In!

Eur/Usd hourly snapshot

It will be interesting to see if Eur/Usd breaks below its 200 hour M/A at 1.4227. if it does more support lies at 1.4210 (50% fibo). To the upside there is some resistance at 1.4249 (38.2% Fibo) and after that the 100 hour M/A lies at 1.4295. Upon European open I think we will see a move that may indicate direction for the session. It does seem that the risk may lie to the downside as a break lower will put us at levels not seen in over a weeks trading.