The Monday trading session held support well, and offered the chance for a foundation to be placed on the major pairs that may be tough to now break, unless that is global equity markets drop lower overnight. A steady equity drop that took off the excess froth that had built up in Asian and European trade allowed traders to square positions and prepare for a big week of U.S. based economics. Market-wide volume is light, with sentiment and order flows printing low momentum reads as well.
No comments:
Post a Comment