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Euro Fun and Games

Posted by Joseph Trevisani on Apr 4, 2014 10:37:00 AM

Volatility and then some in New York euro trading, post-NFP and after the 10 am 1.3700 strike option expiration.  

er

Support at  at 1.3680 from the trend line that returns to July 9 last year.  Recovery bounded by the 50 day moving average at 1.3735, 100 day moving average at 1.3689 already crossed but may provide residual support if euro moves above 1.3700.

er1

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Charts: Bloomberg

 

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