Eurusd update - 06 July 2012 Fri

Good morning all,

Well, my last position was closed at 1.2550 as eurusd turns down yesterday with so many fundamentals report. From ECB cutting interest rates to China cutting interest rates, we also see US ADP unemployment change and jobless better than expected.

Somehow, I just can't switch my mind to go short from there. What are we looking at today?
We are looking at one major US employment rates figure releasing tonight. So I am staying out as usual but looking out to long eurusd if it hits 1.2250 regions provided with some support news.

Good luck and have a great weekend!

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