Today’s highlights:
– EURUSD: Advance continues higher towards 1.3127 and then 1.3140/72. A break above the latter area allows the upward trend continue towards 1.3284 and then 1.3388.
– USDCHF: Break below .9212 long-term support exposes the 78.6% Fibonacci retracement level of .9150. Below here would see a continuation lower to .9043 key support
– USDCAD: Still trending steadily lower towards the key .9795 61.8% retracement. Only above .9858 resistance today sees a minor rebound back towards .9935/56, which should cap.
Today’s trades/positions:
– EURUSD: Long again at 1.3058, targeting 1.3350, stop at 1.3025.
– USDJPY: Booked profit at 83.50. Buy again at 83.08 targeting 84.15 stop at 82.45.
– GBPUSD: Flat. Booked profit at 1.6095.
– USDCHF: Sell at .9242 targeting .9150, stop at .9285.
– AUDUSD: Booked marginal profit at 1.0536. Buy again at 1.0478, for 1.0620, stop at 1.0393.
– NZDUSD: Buy again at .8346 targeting .8515, stop at .8293.
– USDCAD: Booked profit at .9828. Sell again at .9918, for .9740, stop at .9960.
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