Wednesday, June 6, 2012

Wednesday Morning euroFX futures update

The inverse H&S we highlighted at 11:25 am ET played out well.. with only 37 people having viewed this post.. as well everyone in the Trade for prof.IT forum .. congrats for not being afraid to click a link..

. 6E is up just about a percent on the day. listen to the tape before you dismiss it.

5 min 6E
lows were defended this morning post ECB mumblings... 1.254 a target this afternoon... as 1.25 target has converted into moderate support.. though 1.244 is stronger...
15 min 6E