EURUSD Express Train Uptown

EURUSD

The EURUSD has not looked back since popping higher last Thursday.  The cross is now up around three hundred points since that point. It is hard to say what has sparked this short-term rally.  It could be expectations for further easing out of the FOMC.  But, gold and silver have not followed along.  The rally could be due to expectations that the  German high court is going to rule in favor of the ECB program.  Thus ushering the possibility of Draghi's proposed bond purchase program.  Either way the pair has rallied impressively in the short-term.  Support now begins at 1.2020.  If the pair remains above this level a push up towards 1.0330 could be in the cards.

Sup    1.0220

Res     1.0330

Keane Plan...Looking for a pullback.

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