Break of the latter will give 12 254.06, where correction also can be. Then 12 240.00. Be there a strong impulse, we would see 12 216.09. Continuation will bring 12 197.81.

The evidence in EUR/USD is mounting against a trendline break as prices were able to hold the key 1.3622 support level last week, notes Nomura. "The rally so far is unfolding as a 5-wave impulse and ...

Today’s resistance: - 113.13 and 113.51 (main), where a correction may happen. Break would bring 113.66, where also a correction may be. Then 113.98. If a strong impulse, we would see 114.19.