Mix volume today after results of Greenback fundamental this morning 8:30 A.M. est.

Sterling and Euro were bullish today until Greenback fundamentals took over at 8:30 A.M. est and the Sterling falls most of the day, but over all hitting 1.5846 with a low of 1.5702(earlier in the session)for the session.  That a bull move of 144 pips.

Trading with this recession and learning when there wasn't a recession is really a test.  Bottom line, I technically think the Sterling and Euro will recover 100% over the dollar and if you know anything about ecomonics you would agree or your a serious global bear. Still volume is low...

Ok, I'm bullish on Sterling but I have to tell you if your trading, the Euro will be the better option, the pip spread is two pips less in cost, Europeans are in favor of having more than one (Major) currency,(I don't agree) and over the last year they have made a effort to be hawks, by strengthen their currency with positive rate increases!!!....So for the Euro, needs to stay above 1.3788 this is support for a bullish session if this level is support look for sterling to hit 1.3923 before noon, Thursday 20th, est.

Levels below 1.3788, first level of support at 1.3736 if Euro continues to fall look for support at, 1.3702, lowest point should be 1.3653.

Ok, I'm bullish Sterling but, it's not the same since the recession, I would say no rate increases is a major factor!,no hawk in Sterling, which isn't like Sterling of the past!, Sterling buyers must be in the Euro or Aud, side-lines, not sure, anyway a bullish Sterling holds support at, 1.5773 and should hit 1.5914 before noon, Thursday 20th, est.

Levels below 1.5773, first level of support at 1.5718 if Sterling continues to fall look for support at, 1.5684, lowest point should be 1.5632.

Euro, HIGH volume fundamental release, 2:00 A.M. est..Thursday....

Sterling, MEDIUM volume fundamental release, 4:30 A.M. est...Thursday, furthermore this release is Retail Sales numbers, well lets just say you don't want to miss this release, even though it's rated "MEDIUM"....

Thank you for your time and have a great day..

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