Friday, 18 October 2013

EUR/USD update: not giving back much of the gain


EUR/USD has not been able to do much with the extreme o/b setup on the day. Mkt seems comfortable staying very close to the     session high and not giving back much of the gain despite an extreme o/b condition heading into Fri. If the mkt does see a bigger reaction to this setup, the dip support stands  at 1.3607. Bulls likely trying to stay on board for 1.3711. R.Z

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