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Very choppy range trading in the Euro today. There was no follow through selling after yesterday's two cent fall. Instead, the pair started to retrace those losses but didn't get past 1.1235 as Greek uncertainty continues.
Support is seen in pivotal 1.1050 - 1.1125 band that includes: 50 DMA, 1.12 big figure level, Monthly Pivot Point, Weekly Support 2 and 100 DMA. Given that it is summer, 1.1050 - 1.1450 range could well remain in play for several weeks to come.
Support is seen in pivotal 1.1050 - 1.1125 band that includes: 50 DMA, 1.12 big figure level, Monthly Pivot Point, Weekly Support 2 and 100 DMA. Given that it is summer, 1.1050 - 1.1450 range could well remain in play for several weeks to come.