Volatile “oil spill” affects CAD, NOK & RUB

EURUSD: Potentially bullish while over 1.2456. This is vague, but as long as holding above 1.2456 it could be a near-term bullish impulse in the making, at least as long as not falling back below a nearby ref at 1.2456. A tentative 1.2550 target for this exercise would damage a descending line of resistance, coming from late summer reaction peaks and thus argue for more later. Current intraday stretches are located at 1.2405 & 1.2530.

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