Small upclose for EURUSD

Monday, June 8, 2009

Dear Graduates,

EURUSD might form a smaller upclose candle body for today as it takes a little rest from Friday's big downclose. This would create another lower high area where we can take advantage of seller's strength and momentum and stretch our trades for maximum rewards.

For those trading in the AUD market, please note that today is a bank holiday and be aware of the reduced volume and irregular volatility.

Regards,
Siwei.

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