EURUSD Wednesday Siesta
2012
The EURUSD has remained in a narrow, uninspired drift for the last 36 hours. Something needs to shake the pair out of its slumber. Jobless reports from Australia and the United States could do just the trick. Support begins with the weekly low at 1.2835 followed by the 200 day MVA at 1.2820. It would take a push below these levels to test the lows from the last few weeks at 1.28. So you can see that support is stacked between 1.2835/00, but a break would expose September's Fibs. Starting with the .382 fib at 1.2734.
Sup 1.2835/00 .382 Fib 1.2724 .50 fib 1.2602
Res 1.2943
Keane Plan....Looking for a shakeout of the current drift. Watching support stacked
between 1.2835/00
To Access Today’s Yen Talk, And Current KEANE TRADES Click HERE
Non subscribers can have a Free 1-week trial HERE
