Market Update : Early European trading has been slow with many pairs trading in tight ranges. This sets us up well for the Live Trading Session in 30 minutes. We do not have a bullish or bearish bias on dollar in the broad market, with mixed action across the board. There is great divergence in price action between European and commodity currencies. We are still long USD/JPY and up a few pips. The charts show the pair has little interest in trading below 82.00, but large buyers appear scarce. We are keeping a close eye on the trade. We hope to see you in the Live Session. The password to enter is trade4710.

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