A little quieter overnight with no significant EUR economic news.  After another quiet Asian session, thanks in part to China being on holidays all week, a favourite pattern emerged as the UK traders came on.  The European traders had taken the EUR up starting their session and the UK traders took it down - through the Asian low then snapped it back up after luring in the breakout traders.  Although neither of our targets were hit, we are always happy with 30+ pips.

Lots of economic news tomorrow...so be very careful with your trading... especially when the US session begins, as there is an ECB Press Conference and US Employment Claims.

Back tomorrow.

Michael  www.privateforexcoaching.com