EURUSD accumulated long interest yesterday as traders looked to "buy the dip" , having reached our initial target area further weakness looks likely pushing the single currency into the low 1.12's
EURAUD closed up the exhaustion pattern over the last two sessions and now looks ready for a move towards recent lows. We see an increased volume interest early morning suggesting new selling momentum
EURUSD squeezed above the 1.14 level drawing stops in a market with heavy short selling sentiment. Market now looks ready to trap bulls at the highs and move back to recent lows
The Yen pairs continue to show signs of over extension, Eur Yen made an aggressive reversal at the recent high and continues to look. We see a big separation between the 50ma and 200ma now which will likely force EY lower in the coming sessions. The key elements
Reversal - "shark fin" at the highs.
Extended price separation
Target 1 139.25
Target 2...
