Views via Société Générale on the euro, the one to two month vie:
- EUR/USD has crossed above the daily Ichimoku cloud denoting extension in the ongoing rebound.
- Next potential hurdles are at 1.2245 and January peak of 1.2350.200-DMA at 1.1930 should be near term support.
SG nominate S/R ahead for the pair.
Resistance:
- 1.2210/1.2245
- 1.2165
- 1.2130
Support:
- 1.2020
- 1.1990
