Euro…108.38 is today’s 200 DMA. Sustained price action below 108.20 puts Euro
back into its trading range.
Dollar traders should exercise a little patience
Spu’s…trading near the top of its recent 50 point range.
Let the U.S. session open up for new direction.
Initial strength into the mid 2380’s should be faded by shorter time-frame traders.
DAX…trading at a new all time high a weekly gap higher
FTSE… is trading into initial momentum resistance @ 7190.
Oil….short term trader s should focus on 50.25 as a near term pivot.
Equity Indices have weekly breakaway gaps to pay attention to on any weakness.