Monday, 15 July 2013

EUR/USD - Tight consolidation in Asia

  • Tight consolidation in Asia - inside day Fri - China data close to f'casts
  • No EZ tier one data - focus on U.S. retail sales & slew of earnings
  • Momentum studies head higher - bullish MACD cross
  • Rejection of lower Bolli last week targets falling 1.3338 upper band
  • Late NY 1.3032/1.3091 range are initial support/resistance       

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