Euro Analysis

At 7:30 am CST the EURUSD pair is currently trading below the pivot  at 1.3772 so my bias is for the short side. However, I expect a bumby ride as we are headed through several support zones. The daily pivot support is at 1.3740 with 4 hr support just above that at 1.3752. Additionally we have a virgin POC (yesterday) at 1.3723 and yesterdays value area low at 1.3707. If price does happen to get thru all of these levels then we still have another virgin waiting at 1.3680. Be quick to take profits today!

Just to be prepared, on the upside there is daily resistance at 1.3973 followed by a week old virgin at 1.4063.

Safe trading!

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