EUR/USD holding up well in late morning trade
By Gerry Davies || July 15, 2009 at 09:28 GMT
|| 3 comments || Add comment
EUR/USD is holding up well in late morning trade, presently at 1.4065. I’m hearing murmurings of Asian sovereign selling at session high 1.4070, but not overly convinced, so take it for what you will.

AUTOREFRESH 
















Gday there Gerry…..any idea what volume was like yesterday and today with the cable………is there a lot of chewing on the buy side you may think………likewise e/u….my daily swing pattern is for a rise inside their respective wedge…..even with the cable intra-long heavy , if they are still chewing, it may prove a positive sign usa session………rise an profit-take……..just my educated guess
Hi Milllward no idea on volumes, sorry mate
Gerry……….no worries……….. it’s just that my intradday method is having an unusual run of scratch trades in the g/u, when entering long……it’s trying to tell me something but I just don’t know what.
Something is coming……..indeed……….if I’m running into distribution from lower level intradday, this drop will be good, if not 6400 is a breeze.