Today’s highlights:
EUR/USD: Prod to close the Monday bear gap (1.3382-84), easing immediate bear risk. Trend reversal above 1.3555 needed for a better tone to aim at key 1.3682/91 barriers
USD/CHF: Solid “inside” consolidation pattern reinforces prior extension through .9184 peak to aim at our .9342/9400 chart/retrace target into mid-month
AUD/USD: Solid base effort still needs push above .9673/9702 for a better tone, and .9803/25 secures a reversal and stronger recovery risk for key .9988
Today’s trades:
EUR/USD: Flat, retry short at 1.3550 or through 1.3259 for 1.3060; exit 1.3695
USD/JPY: Short at 77.22, for 75.05, stop 77.90
GBP/USD: Short at 1.5624 for 1.5355; exit/reverse 1.5726
USD/CHF: Long at .8736 for .9340; exit/reverse .8634
AUD/USD: Reversed to long through .9610 for .9974; exit .9474
NZD/USD: Reversed to long through .7652 for .7945; exit .7544
USD/CAD: Reversed to short through 1.0508 for 1.0321; exit/reverse 1.0660
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http://www.easyforexnews.net/wp-content/uploads/2011/10/document-917763241.pdf
Credit Suisse
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