EUR/USD down 22 pips to 1.0965
The euro slipped through Friday's late day low. EUR/USD was in a nice consolidation pattern on Friday afternoon and it's breaking to the downside.
Bids:
- 1.0927/25 - Dec 10/11 lows
- 1.0920 - bids
- 1.0900 - mid-sized option expiry
- 1.0891 - modest bids
Offers:
- 1.0959 - 55-day moving average
- 1.0988 - Asia-Pacific high
- 1.1100 - mid-sized option expiry
- 1.1030 - 200-dma
- 1.1044 - Dec 9 high
There isn't too much on the order board but don't look for too much early in the week ahead of the Fed, in any case.
