Messy...Messy...Messy

The EURUSD has broken back below the 1.1188 -92 area and this time, the longs are giving up. Contributing is a move lower in the EURJPY which is falling away from the 200 hour MA/50% retracement. Meanwhile the USDJPY is being supported at 101.00. So by default the EURUSD falls.

Folks...Trading is messy on this summer Friday. The support did not hold, so the bias turns around and my instincts say what was support (at 1.1188-92 area) is now resistance. However, given the action as outlined in posts this morning, there are a lot of balls in the air and I can only juggle two at a time. So stepping aside and doing more watching. Plus will be exiting shortly to help move my son out of the house and into his dorm room for Freshman year.Do you have something to do too?