Does jogging 5km everyday protects someone in their 40s from stroke totally? The answer is NO, bottom line, watch your diet..... you are what you eat. Someone close recently had a mild stroke and today had a stent implanted in the artery at the neck to prevent future recurrence. Tomorrow, I will be playing my 18 holes and have recently switched from the luxury of moving around in the golf buggy to using a push cart instead (not even battery powered). Starting to enjoy walking as I can study the green better as I approach from the fairway.
When all eyes are on the EU Finmin meeting today, Moody's stole the limelight by downgrading France by 1 notch in the early morning sending E$ back below 1.2800 to 1.2765 low. However, bid appeared and supported the currency pair. Sub-optimal market liquidity is already evident and can only get worse each passing day.
Order book is quite empty now:
Stop loss: 1.2750, 1.2830/40 and 1.2880
Technically, intraday indicator is at pretty neutral level. Intraday momentum is getting a bit mixed too due to this morning's sell-off and it has fractured and weakened the nearer term picture with a risk of testing lower to 1.2730/40 if we continue to hover around current level for too long. However, longer term intraday momentum is still pointing firmly higher for now.
For today, expect trading range 1.2730/40 to 1.2830/40.
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| E$ Daily chart - Fighting with MAs |
Just to put in a monthly chart for all to see the break out and up from recent consolidation.
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| USDJPY Monthly chart - Bouncing off 21MMA (red) to 50MMA (green)? |
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