I thought it was all a bounce..I've said it before and I'll say it again! Don't believe the Hype and beware Euro Bulls! Even with the FED thinking about easing I doubt it'll slow the EUR descent with everyone out there
:http://www.bloomberg.com/news/2012-06-18/euro-remains-lower-as-g-20-leaders-discus-europe-crisis.html
Levels on the Hedge Fund Order Board, Compliment of Forex Live:
- EUR/JPY buy stops at 101.00, offers at 1.0150 and 1.0200. Sell stops at 98.50
- USD/JPY support at 200dma at 78.76, bids at 78.50 with stops below. Buy stops at 79.50 with more at 79.95 and large ones above 80.35
- EUR/USD offers at 1.2600/10
- AUD/USD strong offers at 1.0140/55, stops above 1.0170. Demand at 1.0065/50
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