Volatile moves for month end……
Quick rise in EURO and GBP are seen as month end extended stop hunt moves before the big correction in this week from month beginning (tomorrow 01 Apr,2008) Operators want to book profits in their positions for month end.So they rise quickly during session start and then drop during US session with some attributes.
Quick rises are sell opportunities to trade along with the operators
Regards
Dr.S.Sivaraman
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