Euro up 52 pips to 1.1172
The euro held a few attempts at 1.1100 including a dive down near the lows in US trading. But there is now a series of higher lows on the intraday chart and that's a good signal that 1.1100/1.1090 will hold.
Offers:
- 1.1191 - intraday high
- 1.1200 - decent offers
- 1.1205 - 200-day moving average
- 1.1208 - Sept 22 high
- 1.1241 - 21 day moving average
- 1.1250 - medium offers
Bids
- 1.1105 - intraday low
- 1.1100 - Bids, some option related
- 1.1090 - post-NFP low
- 1.1070 - medium bids
- 1.1050 - medium bids
The main level to watch to the upside is the cluster around 1.1200/10. I'd argue for buying on a break.
