Today’s highlights:
– EURGBP: Resistance zone at .8779/.8800 holds, keeping the risk lower for .8601/.8571, with scope for .8442.
– EURAUD: Rebound back above flagged resistance at 1.2797 maintains our bullish bias for an eventual test of the 1.3162/92 highs.
– EURJPY: Focus remains lower on 122.90/26, with a slide through here expected to target the 120.72 pivot support level. Through here is required in order to expose 117.05/116.47 support.
– EURCAD: Focus turns higher towards 1.3615, with scope for another test of 1.3710 in due course.
Today’s trades/positions:
– EURGBP: Short stopped out at .8762. Retry a short at .8770 targeting .8605, stop/reverse at .8810.
– EURJPY: Short from 125.00 targeting 121.05, stop now 126.10.
– EURSEK: Long from 8.4250 targeting extended to 8.5450, stop at 8.3900
– EURNOK: Buy at 7.4550 targeting 7.5500, stop at 7.3900.
– EURAUD: Long stopped out at 1.2780. Retry a long at 1.2800 targeting 1.3180, stop at 1.2740.
– EURNZD: Long from 1.5815 targeting 1.6300 stop at 1.5620.
– EURCAD: Long at 1.3450 for 1.3700, stop now at 1.3450. Buy again at 1.3370 targeting 1.3690, stop/reverse through 1.3320.
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