Flash: EUR/USD: Defining a Range – TD Securities

FXstreet.com (London) - Strategist at TD Securities noted that the EUR has carved out it’s range from a technical perspective.

Key Quote:

“On the charts, 1.3560/70 has become a more solid short term resistance zone for EUR/USD (last week’s high’s, 50-DMA, 50% retrace of Oct/Nov decline), while 1.3500 is the nearest intraday toehold on the downside before the mid 1.34 area comes into view”.