Monday 26 April 2010

Euro$ The gap continued...............


Here is the effect of the smallish gap from the open of Sundays Asian session on a Euro$ 15 min chart. It seems that there is an important MPL at this level which may have influenced the formation of the gap last night and price cant yet break through today.
I am long USDJPY at 94.00 and looking for a $ breakout from the current range bound activity of this currency pair. Post to come.

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