The dollar held steady against the euro and the yen on Monday after the most volatile week of trading for the currency market in months, as investors assessed policy and geopolitical developments. (Reuters).
The EURUSD market is short/medium term bearish still, suggesting a wash towards the 1.0580, when broken 1.0516 (November 2023 low). SAR for today 1.0684. Expecting a small correction towards the 1.0700 area, then reversing back to continue its down trend.
Resistance 2 1.0699
Resistance 1 1.0677
Support 1 1.0631
Support 2 1.0611
