No, I personally don't think so (Wednesday's monthly close will be crucial) but the easy money part is probably over for now. The price action towards 1.33663 low was corrective and the support level at 1.3360 held overnight. As a matter of fact, yesterday's correction was actually more constructive for the next leg up. 1.35/36 handle remains formidable.
For today, market should shift gear into consolidation mode within 1.3360-1.3440 through the Asian hrs. Since signals are mixed, I shall not bother myself to force a view. Sit back, relax....... Scalping is the strategy for the day.
Everything comes to him who waits
Heard stops built up below 1.3360. E$ may be vulnerable to -ve news. But like to think E$ will stage a strong rebound after to close strong for the month. Keen to buy around 1.3330/40
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