EURUSD: There ain’t no rest for the wicked and there ain’t no rest for the euro… A short term 261.8% Fibo projection ref is currently tested but little says that the move will stop there (apart from a decent stretch to its ‘SREV’ – a SEB measure based on key drivers for the pair). The stretch as defined by the deviation from the 21day exponential moving average comes in at 1.3120, equaling a 423.6% Fibo projection and a Sep’13 reaction low at 1.3104, so those make up the next objective are look for. First resistance is located at 1.3179
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