Friday squaring up?
The EURUSD is squeezing back higher - moving back above the 1.1365-1.1375 level outlined earlier and now approaches 1.1400.
Not sure there is a good reason. Maybe stocks doing better overall, but more likely flows and traders offsides, covering before the weekend.
I could speculate on the next move but it is just speculation.
Overall, the pair held below resistance above (1.1435-65) and support below (1.1325) Barring any further surprises in the NY afternoon trading, we should head into next week with those same levels to fight through.
