Two forays toward 1.6689, the 61.8% retracement of the 1.7045/1.6610 decline, but both times the Fibo prevailed. It’s about the only high profile technical level left on the charts that has not been obliterated at one stage or another today.
1.6590/1.6600 is support on dips near-term.
Markets are fairly quiet after the unexpected pop to new highs in EUR/USD and the extension of the rally on Wall Street to new highs. Equities will remain a focus for the balance of the session, particularly into the close.
