So.. We have a little break caused by general dollar strength tonight. USDJPY is of course completely static. Slight tangent but it will be interesting to see if that storms out of it's 35 point range or just crawl over the border.
Unfortunately I had already closed my positions for a modest profit.
The 200 and 50 EMA's have flat-lined together on the hourly chart (I'm back on topic now) at 4335ish. This area has provided support before, had I held a EURUSD short at this juncture I'd be getting out there and hope for a retracement.
There are still way too many issues for the Eurozone to cope with for a vote of confidence of Greek cabinet to solve. I'm not necessarily implying the demise of EUR but this summer will give us some shocks. I hope we are all sat at our computers, trading finger primed when these snap into place.
Considering the amount of time I spent writing this I'll probably be placed on the following page and this minor breakout is old news.
Unfortunately I had already closed my positions for a modest profit.
The 200 and 50 EMA's have flat-lined together on the hourly chart (I'm back on topic now) at 4335ish. This area has provided support before, had I held a EURUSD short at this juncture I'd be getting out there and hope for a retracement.
There are still way too many issues for the Eurozone to cope with for a vote of confidence of Greek cabinet to solve. I'm not necessarily implying the demise of EUR but this summer will give us some shocks. I hope we are all sat at our computers, trading finger primed when these snap into place.
Considering the amount of time I spent writing this I'll probably be placed on the following page and this minor breakout is old news.
