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Tuesday, March 3, 2009

Tuesday March 03



Good morning all! Sorry I didn't get d chance to post yesterday. I hope you were still able to get some practice trades though.

Today we can see a rise in the Eur/Usd starting after a divergence that occurred around 12 midnight GMT (shortly after the close of the New York Session).

Coming into the London Session this morning, you'll notice that the price has been ranging in-between the 1.2628 and 1.2679 pivot lines. We'll be watching to see if price eventually breaks out of that trading range before the end of the London Session.

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