By Richard Pace — Mar 14 - 05:35 AM
• EUR/USD met sellers after breaking Nov 5-6 1.0937 double top Tues
• 1.0947 high was 10-pips shy of key 76.4 Fibo of 1.1214-1.0125 drop
• Option barriers/triggers at 1.1000 thereafter. Setback based 1.0823 Thur
• More support at 10-7-6 Mar lows 1.0805-1.0782-66 before 200-dma 1.0723
• Mild demand takes EUR/USD back to 1.0858 Fri. Options signal range trade
• Big expiries surround price on Friday - 1.0815-25, 1.0850,
1.0870-75
EUR=EBS
(Richard Pace is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
