EUR/USD 1.3624 and Trendlines in Play for NFP
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-EURUSD is a sloppy mess near term. Resistance is estimated from the December 20th low at 1.3625 and a trendline at about 1.3660 on Friday. Support is estimated from 1.3527/55.
-Bigger picture, the response in late December from the trendline that extends off of the 2008 and 2011 highs does suggest that the market may have made an important top.
LEVELS: 1.3472 1.35271.3555 | 1.3625 1.3688 1.3745
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