EURO-DOLLAR: Closed in NY around $1.2482, having seen a sharp recovery
during the US afternoon to a high of $1.2598, from lows of $1.2296. Rate
initially extended the corrective pullback to $1.2455 before bouncing
back, the push up driven initially by a short squeeze in crosses
(euro-Swiss extending its recovery to Chf1.4589/euro-sterling to
stg0.8774), the break above $1.2600 and advance to $1.2673 aided by a
recovery in equities. A covering back of short term spec longs sees rate
ease back to $1.2605 ahead of the European open, currently around
$1.2515. Support seen from $1.2605 through to $1.2590, a break to allow
for a deeper move toward $1.2565/55. Resistance $1.2670/80. Thin,
volatile trade expected to continue through the day with moves to be
order driven. Data sees eurozone flash mfg and services PMI data from
0658GMT ahead of Germany Ifo at 0800GMT.
Provided by: Market News International
during the US afternoon to a high of $1.2598, from lows of $1.2296. Rate
initially extended the corrective pullback to $1.2455 before bouncing
back, the push up driven initially by a short squeeze in crosses
(euro-Swiss extending its recovery to Chf1.4589/euro-sterling to
stg0.8774), the break above $1.2600 and advance to $1.2673 aided by a
recovery in equities. A covering back of short term spec longs sees rate
ease back to $1.2605 ahead of the European open, currently around
$1.2515. Support seen from $1.2605 through to $1.2590, a break to allow
for a deeper move toward $1.2565/55. Resistance $1.2670/80. Thin,
volatile trade expected to continue through the day with moves to be
order driven. Data sees eurozone flash mfg and services PMI data from
0658GMT ahead of Germany Ifo at 0800GMT.
Provided by: Market News International
Trade on your own risk
Plan your trade&trade your plan dont be a 
hahahha 2 weeks ago I would have said ur nuts.... I am very undecided today and might not even get into or out of any trade... it really depends on me being able to read the market correctly
