FX EUR/USD

The red arrow is yesterday's market close, the red trendline is the resistance level I was keen on watching last night in the Euro. You can see the test failed. However we are now at an area of volatility as the psychologically important $1.40 level in the Euro has been broken this morning. I expect some volatility to continue around this level for a bit.

Remember the correlation, a weak Euro lifts the Dollar Index, which in turn is a negative environment for equities/stocks.