EUR/USD marginally firmer in Asia. Interesting levels close by

Pairing presently up at 1.2925. Guess there’s some relief about the Dutch election result.

Main focus today obviously the FOMC and whether the Fed will go with QE3.

Technical resistance for EUR/USD now lies up at 1.2935 (61.8% retracement of the 2012 range) Just reading that level coincides with 79.50 on DXY, which some see as significant. Index presently at 79.59.

Wake me up if we breach either of those, thanks.

Barrier option interest 1.2950 and 1.3000, yada, yada, yada……..

Best in 2026

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