FX & CFD trading involves significant risk
Finds support at $1.5920 ($1.5924 61.8% $1.5867/1.6017), recovering to $1.5932. A break of $1.5920 to expose area from $1.5911 (Dec 14 high) through to $1.5900, with $1.5902 the 76.4% retracement level. A break of $1.5980 to allow for a move on toward $1.5990/1.6000. A break here to expose the overnight highs at $1.6010 ahead of the Friday's NY high at $1.6017.
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