EURUSD an upclose day on 20 July 2009

Posted by Siwei at 1:19 PM Monday, July 20, 2009

Dear all,

the JPY market is having a bank holiday so do take note of the decreased volume and volatility in for all JPY crosses.

EURUSD expected to be an upclose day and after the initial move early this morning,
buying strength has weaken a bit and has not been able to trade out of the channel. Do remember to set reasonable target profits that are achievable in this market.

Regards,
Siwei.

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