Today’s highlights:
EUR/USD: Bear gap (1.3382-84) plunge through important 1.3305 and 1.3244 support eyes our October target at 1.3050; overshoot risk remains the 2011 low, 1.2859
USD/CHF: Robust advance through the .9184 recent peak maintains threat to our .9342/9400 chart/retrace target area into mid-October
AUD/USD: Plunge through key .9574/37 retrace/chart support area targets our objective at .9218 with .9145 key just below
USD/CAD: Next 1.0545 target hit, but we look for a correction lower today. However, risk remains higher to the 1.0669/81 target into October
Today’s trades:
EUR/USD: Short through 1.3239 for 1.3060; exit 1.3305
USD/JPY: Short at 77.22, for 75.05, stop 77.90
GBP/USD: Short at 1.5624 for 1.5305; exit/reverse 1.5756
USD/CHF: Long at .8736 for .9340; exit/reverse .8634
AUD/USD: Short through .9535 for .9230; exit above .9610
NZD/USD: Short through .7637 for .7456; exit .7715
USD/CAD: Tactical short entered at 1.0540 for 1.0365; exit/reverse to long here or above 1.0576