Monday was a rather quiet and relaxing day for the EURUSD.  Draghi was out of the headlines and the German government only announced their opposition to bond purchases a few times.  In New York trading the cross moved down towards support at 1.2330 before pushing higher throughout the day.  Resistance now begins at 1.2440.

Sup      1.2330

Res      1.2440

Keane Insight:  May consolidate until European trading

 

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