EURUSD up through 1.1200
EURUSD has run up on risk aversion as more poor Chinese has the market feeling gloomy. As I type it's slowly falling back from the 1.1223 high and 1.1200 will be the first line that support should show itself, though 1.1210 is finding a few buyers. Failing that 1.1170/80 is the stronger line of support, followed by 1.1128 and the 200 H4 ma at 1.1120 and 100 dma at 1.1118
EURUSD H4 chart
Should we remain bid, resistance is up at the 100 & 55 H4 ma's at 1.1235/37 and wider out is the 200 dma at 1.1270
We'll find out whether the theme transfers into the European sessions shortly
