EUR/USD Resistance Seen Slightly Higher
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-EURUSD found a top just shy of a trendline confluence. The market is in no-man’s land at the moment. Support is estimated at 1.3527/55 and resistance is seen from the 1/14 high at 1.3699.
-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: 1.3527 1.35621.3618 | 1.3672 1.3745 1.3810
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