EURUSD has been in a tug of war match between the 1.0819 highs and 1.0790 lows
Buyers are finding things very tough up in the 1.0800 area, once again highlighting the strength of the resistance up here.
We've been pinging between 1.0810/19 and 1.0790 since yesterday, as a well balanced market keeps the price contained but now the sellers are exerting some pressure and the 1.0790 level has broken.
EURUSD 15m chart
Considering my overall long position, it's a banker that the break of this intraday range will go against me so, I've taken a separate small short at 1.0785. The stop on a portion of my long-term longs is at 1.0775.
It's looks like the yen is leading the way once more, and I'm leaning towards year-end messing about in Japan as the overall theme that's also led to a wider risk off sentiment.
