Technical levels

Support: 110.83…a level you would always expect a bounce from. big fib support 110.21. “109 ish” gone too far the first time down.

112.40 ish becomes 1st resistance.

Two big items with this cross: it’s been keeping the metals firm and they are already up before the unemployment #.

The Swiss strength is leading…not Euro weakness!

The Fear trade is back! For those who do not trade this instrument it has been a key driver for RISK ON / RISK OFF….watch for tone if nothing else…