- 1.3280/85
- 1.3260/65
- 1.3250 … but expect offers through 1.3265 at least
- 1.3235/40 (38 NY high), Note this high was rejected very quickly, hence the interest to sell there again through the Asian session
- 1.3190/00 is good support now
- 1.3175/80
- 1.3150
There is fast action on the Fiscal Cliff negotiations – as compromise/offer/counter-offer proceeds and hits the newswires the positive tone of EUR is expected to continue. Careful, though, once a deal is reached for a ‘sell the fact’ move.
