The EURUSD has bounced back above the .382 fib at 1.2734. The pair has managed to hold its ground in North America while the AUDUSD and NZDUSD have continued to move lower. Since the European markets opened on Wednesday the pair has consolidated in a very tight 25 pip range. A break one way or the other is in the cards. A push back above 1.2750 opens the pair up to another run towards 1.2885. If the pair rejects once again a move towards the TL at 1.2625 is favored.
Keane Plan...A hold above or below the 1.2750/35 zone is key moving forward.
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