Twenty pip moves in any direction are happening in moments. This is a wild market and no place to be trading large size. The orderboards are blown out but here are some technical spots to buy the US dollar
- 0.7872 in AUD/USD, which was the Jan 22 low
- 200-month MA in USD/CAD at 1.2315
- Gold 200-dma at $1251 (also last week’s low at $1252)
- GBP/USD – 1.5200 with more up to last week’s high of 1.5223
- 0.7595 in EUR/GBP, it was the mid-Jan low
- 1.1539 in EUR/USD – the pre ECB low
EURUSD hourly
