Sunday, May 24, 2009

EURUSD 25 May 2009





Expect smaller upclose in the weekly charts after the big upclose last week, this week should close as a hammer or spinning top as the uptrend continues this week.


Please note that this week we only have four trading days market. (Monday being Memorial day holiday for the US market and Spring break holiday for the English market).

Do note the diminished liquidity and irregular volatility.


Trade safe and always with a plan.


Regards

Siwei.