- Monthly : Supports at 76.23 and 75.63 easily taken out. Next key support = previous low at 74.17 looks likely to be challenged soon.
- Weekly : The possibility of a short term double bottom at 75.63 is now gone. Trading below at 75.42 now. Downtrend continuation.
- Daily : As per weekly. Solid downtrend. Sell any rallies towards 76.12.
- Note : This is 57.6% EUR, 13.6% JPY, 11.9% GBP, 9.1% CAD, 4.2% SEK and 3.6% CHF. I confess ignorance about SEK but I do know that I want to be short USD against all the others.
No comments:
Post a Comment