• The EUR complex has taken a step back from highs seen yesterday

• EUR/USD remains buoyant however, trading 1.1605-31 EBS in Asia

• Up to a fresh recent high of 1.1641 yesterday, best since October 2021

• October '21 saw a high of 1.1692, good resistance from ahead of 1.1700

• Dips likely will continue to be bought on investor demand

• Hourly Ichimoku tenkan 1.1618, kijun 1.1610 below, daily tenkan 1.1544

• Massive nearby option expiries today again will help contain spot action

• 1.1550 and 1.1570 total E1.3 bln, 1.1600-50 E4.1 bln, 1.1710 E3 bln

• EUR/JPY down from 169.68 high Monday, Asia 168.19-57 EBS, uptrend intact?

• EUR/GBP on back foot after push to 0.8574 Monday, Asia 0.8530-36

• EUR/CHF back down to 0.9349-60 EBS on fresh investor demand for CHF

• Related comment , also , on EUR/JPY
EUR/USD:


EUR/JPY:


EUR/CHF:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)