EURUSD Head Fake Lower In New York

The EURUSD and all of the majors head faked traders by abruptly changing course after the New York open.  The pair is now once again in the middle of the consolidation zone that has contained so far this week between 1.2950 and 1.2885.  It will take a clear break of this range to start the wheels rolling once again.  A break lower runs into support at 1.2820 and a push higher has support between 1.30/1.3020.

Chop Zone   1.2950/1.2885

Res   1.30/.3020

Sup     1.2820

Keane Plan...As with all of the majors need a clear break of the chop zone to lead direction.

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