Today’s highlights:
– EURJPY: A break below the 55-day average at 118.99 is needed for a further decline towards 117.05/116.47.
– EURNZD: We look for a test of 1.6026 interim chart resistance, with an eventual push above towards 1.6363.
– EURCAD: Focus remains higher on 1.3628, with scope for the 1.3710 peak.
– EURGBP: A push below .8571 is needed to open the door towards the .8442 recent low.
Today’s trades/positions:
– EURGBP: Short from .8660 targeting .8450, stop at .8725.
– EURJPY: Sell at 122.00 targeting 117.00, stop at 126.10.
– EURSEK: Long from 8.4250 targeting 8.5000, stop at 8.4250.
– EURNOK: Long from 7.4550 targeting 7.5500, stop at 7.3900.
– EURAUD: Buy at 1.2730 targeting 1.3000, stop at 1.2670.
– EURNZD: Long from 1.5520 targeting 1.6000, stop moved to 1.5595.
– EURCAD: Long from 1.3370 targeting 1.3690, with a stop/reverse through 1.3320.
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