EURUSD Say It Ain’t So….Broke Weekly Range

The EURUSD broke out of its narrow range to start the week on Tuesday.  The pair was unable to gain much momentum to the down side in New York.  The cross has multiple levels of resistance resting between 1.3040 down to 1.30.  This area should act as a solid resistance zone.  If the cross is able to break below this level, then a more substantial correction towards 1.2820 could be in the cards.  Resistance begins at the weekly high around 1.3170.

Sup   1.3040/00

Res   1.3170

Keane Plan.  Watching the price action at the support zone between 1.3040/00

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