From looking sick as a pig yesterday, to buyers choice today
Old Teflon is back with a bang! Ok, I get it, it's only a 40 pip move I'm trying to jazz up here but it's better than watching paint dry.
1.0570 is the immediate target here, then we could see a bit more resistance at 1.0580, and definitely into 1.0600. The 27th Feb double top would be the icing on the cake.
EURUSD 15m chart
It's all about the euro right now as EURJPY is moving in a very different direction to USDJPY. The dollar is showing some weakness too across the board though.
For this run, 1.0545 has been set as the first support level.
