sp'60min
Euro/$, daily
*target is 1.28 for this cycle, before a move to 1.20/19..possibly 1.15/10 by end July.
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Summary
Not much to add this hour, things seem quieter, and so some kind of low volume melt higher can more easily occur.
More later
Tuesday, 12 June 2012
2pm update - crawling higher
Market looking pretty stable now, with underlying hourly momentum cycles likely to go positive cycle early Wednesday morning - which coincides nicely with the retail data. Bulls have a real opportunity to whack this market up tomorrow morning into the high 1330s..or even low 1340s - which brings the 1350s within range for Thursday.
sp'60min
Euro/$, daily
*target is 1.28 for this cycle, before a move to 1.20/19..possibly 1.15/10 by end July.
--
Summary
Not much to add this hour, things seem quieter, and so some kind of low volume melt higher can more easily occur.
More later
sp'60min
Euro/$, daily
*target is 1.28 for this cycle, before a move to 1.20/19..possibly 1.15/10 by end July.
--
Summary
Not much to add this hour, things seem quieter, and so some kind of low volume melt higher can more easily occur.
More later