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20 June 2014 | Free Forex Analysis | EURUSD : 1.3600 HANGS ON IN BREAK EVEN TREND

G’day Surfers – early move kills market.

Yesterday’s Report

Late Asia session buying stifled London/New York sessions for EUR/USD yesterday. In the context of a still compressed market, the forty pip one hour buying ‘spree’ was enough to satisfy the Bulls appetite and keep the Bears (hovering below 1.3600) at bay. We found an opportunity to catch the Bulls second surge North and were rewarded with a TP1. The Bulls ran out of steam shortly after and we closed at Break Even – the theme of the week!

Technical Analysis

Unless it’s Football related – not happening.

The Day Ahead

Trying to keep it from the missus but…..shhhhhh……..more World Cup action – YEEAaahhh!

“For when the One Great Scorer comes
To mark against your name,
He writes – not that you won or lost –
But HOW you played the Game.

“Alumnus Football”

Grantland Rice.

Have a great weekend.

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