Still like the look of the EUR crosses
- EUR/CHF should continue to be the lead pair and reportedly gigantic optionality at 1.2500 should prove magnetic in coming sessions. I’ve left a ‘floater’ take-profit order at 1.2485 just in case there is massive barrier protection up there:
- EUR/GBP looks to be consolidating around .8300 and I’ll look to book some interim profit on another topside failure:
- EUR/USD remains well supported by real-money and Sovereign buyers but the speculative players haven’t turned bullish yet:
- EUR/JPY is still retracing off interim highs at 120.00 and looks to have easy technical scope for 116.05. Will remain volatile is probably a safe bet.