Royal Bank of Scotland - "EUR/USD
EURUSD suddenly looks like it has based at 1.2823
SUP: 1.2823 1.2747 1.2701 RES: 1.3172
Strategy: If possible tuck stops sub 1.2823 at 1.2810 looking for moves higher after the bullish engulfing candle looking for moves back towards 1.3100
1.6302: Thou shall not pass!
SUP: 1.6117 1.6000/51 RES: 1.6261 1.6302/09
Strategy: Expect the 1.6302 level to be strong resistance today
USD/KRW downside may begin to slow at 1103
Strategy: Look to begin building longs if the momentum stays positive. Stop through 1098 target 1129."
William Moore, Technical Markets Strategist at RBS.