Friday, March 20, 2009

[EUR/USD]

(IGM)[EUR/USD] trading a relatively tight range in a Tokyo holiday thinned Asia session. (1.3616-1.3677)....
[EUR/USD] trading a relatively tight range in a Tokyo holiday thinned Asia session. (1.3616-1.3677). Overall a small consolidation of the big rally sees bids on dips preferred, but also a build in speculative longs places as much emphasis upon stops though the 1.3550-1.3600 region. This though also seen as the pivot for a more bullish market on Thursday, so equally likely to draw bargain hunters today.

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