Today’s highlights:
– EURUSD: Attempting to rebound from 78.6% Fibonacci retracement at 1.3151. Above 1.3291 however is required to signal a base for 1.3435 resistance.
– AUDUSD: Range bound between 1.0221/6 support and resistance at 1.0370/6. A break above 1.0370/6 completes a base with risk then higher to 1.0549/8.
– NZDUSD: Markets holds important chart support at .8309/.8295 support. Rebound risk back towards chart resistance at .8491, which should cap.
Today’s trades/positions:
– EURUSD: Target met and reversed long again at 1.3235, target 1.3400, stop at 1.3145. Buy again at 1.3070 if stopped out.
– USDJPY: Short from 93.90, stop at 95.10, target now 88.10.
– GBPUSD: Buy at 1.5205 targeting 1.5475, stop at 1.5105.
– USDCHF: Long from .9150 target now .9340, stop now .9265.
– AUDUSD: Unwanted short from 1.0280 targeting/reverse at 1.0280, stop/reverse at 1.0325 for 1.0450.
– NZDUSD: Short from .8410, target/reverse now .8350, stop/reverse at .8410 (for .8245).
– USDCAD: Long at 1.0046, targeting 1.0240, stop now 1.0150.
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