DAILY REVIEW 25 June 2014
EU: The Daily candle is a small spread (44pips) bull small body spinning top closing on low vol>2days. The candle close and volume suggests more lack of buying pressure. Unchanged Levels of interest: Demand: short-term 1.3512, 1.3500, 1.3475, Daily/Weekly: 1.3330, 1.3300, 1.3294 Supply: short-term: 1.3635, 1.3676, 1.3687, 1.3730 Weekly/Daily: 1.4184, 1.4246 pivot. SM is likely to maintain buying pressure to test yesterday's high or the 1.3635 level before reversing down.

EU long levels: 1.3563, 1.3535, 1.3500, 1.3476, 1.3399, 1.3294  EU short levels: 1.3635, 1.3676, 1.3687, 1.3730, 1.3750

GU: The Daily candle is a below average spread (66pips) bear closing off the low on low vol>2days. The candle close and volume suggests more downside before reversing back up. Levels of interest: Weekly/Daily supply level: 1.7063, 1.800 Demand:  short-term- 1.6972, 1.6920, 1.6850, 1.6835  SM is likely to continue selling pressure around the 1.6930 level or lower before reversing back upward.

GU long levels: 1.6930, 1.6920, 1.6850, 1.6835, 1.6825, 1.6810 GU short levels: 1.7063, 1.8000

Posted at 04.42 am EST