Before I go, a quick look at USDJPY last night : - Something you don't see a lot.
Thursday 17 March 2011
EURUSD - Island of calm in the eye of a storm.....
It almost seems rude to even look at the EURUSD with so much madness elsewhere. Ironically enough my usual focus over the years have been Fixed Income and Equities, and yet whilst those have been trading with huge ranges, I find myself in the relatively (for once) calm world of EURUSD. I'll keep it short and sweet, it seems the range is 1.3850 - 1.4050, a meaningful step outside that may provide the next major directional clue, and possibly a major directional move will ensue after that. - My idea with the Cup & Handles fractals stays alive, although yesterday's afternoon price action has erased the 30 minute element.
Before I go, a quick look at USDJPY last night : - Something you don't see a lot.
Before I go, a quick look at USDJPY last night : - Something you don't see a lot.
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