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• EUR/USD doing little again in holiday-thinned Asian trading
• Things especially quiet with most of Europe closed for Easter Monday
• Asia range so far 1.1507-24 EBS, heavy, follows 1.1510-49 Friday
• Middle East conflict, strong US jobs report weigh
• Resistance from 1.1521 hourly Ichimoku tenkan, kijun 1.1527 above
• Descending 200-HMA which has crossed below ascending 100-HMA at 1.1536
• 100-HMA just above at 1.1539, hourly Ichimoku cloud 1.1548-68
• 1.1500 support, 1.1440-50 daily lows March 18-31, 1.1409 trough March 16
• Despite UK/European holidays, some option expiries in area today
• Some at 1.1475, between 1.1490-1.1505 and between 1.1550-70
• Massive 1.1400 E1 bln+, 1.1450 E1.5 bln expiries below
• Related comment , also , ,
EUR/USD daily:
EUR/USD hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)