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24 January 2014 | Free Daily Analysis | EURUSD : NEWS LAUNCHES RANGE TEST

G’day Surfers – back to 1.3700!

Yesterday’s Report

From London open to New York close, EUR/USD had only one destination in mind – our 1.3700 DCZ. Fuelled by multiple News announcements, buying slowed but didn’t stop, without pullback and therefore locking us out of the market. Price yet again, has made its way to the top of the recent range – we await the next move with interest. So we put the third week of 2014 to bed with another 100% winning week and the run continues.

Technical Analysis

My enthusiasm for a run to 1.3450 continues – I’ll be looking for it again next week.

The Day Ahead

Packing up the house again – ready to move into the new Unit next week. Maybe I could suddenly get a sore back??

“I’m going to stop putting things off, starting tomorrow!”

Have a great weekend.

Geoff Pyne  
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