The EURUSD continued its slow glide sideways on Monday.  The pair has yet to decide on the direction it wants to take.  Resistance is above between 1.2970/1.30 and support is below at 1.2820.  The 1.2820 level is reinforced by a combination of a daily price support and the 200 day MVA.  A break of this level could open up the pair to a test of the fibs levels below from last months move higher. A break of 1.30 could open the pair up to a run at September's high at 1.3070.

Sup   1.2820

Res    1.2970/1.30

Keane Plan....Looking for a break of the 200 day MVA at 1.2821 or a push above 1.30 to create momentum.  Could play the range until it breaks.

Fib Levels 

.382       1.2742

.50         1.2610

.618       1.2477

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