Forex weathermap - EURUSD

10: 50 GMT 20 March
Jay Meisler daily Forex weathermap (daily rate 1.3202)
Mixed Sky today after EURUSD 1.3250 could + produce in a market, you need a scorecard, track of the Crosscurrents go on the spot market. On Tuesday, a weak AUD was leader in the EURUSD s (Eurjoy is solid as well but Eurgbp is a softer note) is drawn into sympathy despite cross offsets down. Note a risk from mood today.

A change from yesterday is that there no obvious buy stops Monday 1.3265 high. Equally important support is yesterday; s 1.3141 low. This indicates that a permanent break from 1.3150 1.3250 prescribes what Coimes go move forward next and 1.32 is set. There is little going after in between.
Note the one hour chart (posted above) where the EURUSD recovery from the low 1.3004 has come in steps is characterised by sharp tips and Consolidaiton before the next move. This suggests that has driven upwards by a short squeeze. You keep an eye on to see if it is defective or continue to this pattern.
Range:
Resistance
1.3301
1,3265
1, 3235-40
1.3181
1.3135-41
1.3104