uj and au may be drivers for the asian session......it looks now since the range in uj has been swiftly broken, shorts may start covering on dips along with new buyers coming in.
LOADS of buying off 1,3740 all london , then a shake out to 1.3680 area where a huge amount of buyers turned up. I am looking for this potential inverse h and s formation to set up with a target of 1.3920 test in london / us next 24 hours ( i think markets are open still even though the holidays in cad and us)
I am looking for test ( low vol down moves) or shake outs ( high vol doji on down moves for entry
The only thing that could sink eu is the china cpi....
Attachment
Last FEDS manipulation before G-20 is the final driver for tonight..
Trichet also spoke about Strong Dollar and how it's in interest of
everyone including lousy Airbus
Enjoy this monkey show, while it lasts. We'll see what's really going on
next week. 1.40 + IMHO..
Australian jobs data worse than expected.
I wonder if that is advanced warning of possible negative chinese data coming up in 90 minutes.
Stay tuned, fingers on the trigger
...............most of austrailias commodity demand comes from china.....hint hint.
wow now thats some serious volatility
