9:30 Est.
Casey Stubbs-Winners Edge Trading
The Euro has been been moving sideways of late – we will see if the pair moves back to challenge the earlier highs set.
Here are the daily resistance and support levels.
Sup 2 – 1.3113
Sup 1 – 1.3174
Spot – 1.3245
Res 1 – 1.3343
Res 2 – 1.3592
Check the lower trend line on the chart. If that gets broken to the downside we could see more dollar gains. If there is a bounce off of the trend line we could see more eur gains up to 1.3700 area or higher.
240 min chart:
Click the chart to learn about our trading system.
