• A 61.8% retracement level at 1.3625 has been holding firm in recent days;
  • Fibos are unreliable in non-trending markets but when they start to hold, it can signify the beginning of a trend;
  • Sell orders reported between 1.3625/35 but stops are likely to be heavy above 1.3650;
  • Personally I think the EUR is looking a little heavy on the crosses.