Back to Main Page

Monday, July 21, 2008

1/2 EUR/JPY Short Looking for better Entry near 170.15

Daily Strategy:

USD/JPY..........Sell near 107.17
USD/CHF.........Sell near 1.0263
AUD/USD.........Sell near 0.9799
EUR/CHF..........Sell near 1.6251

Sell USD/JPY near 107.15 + - 7 pips, Tight Stops about 17 pips

1/2 EUR/JPY Short Looking for better Entry near 169.99

Looking to Sell EUR/CHF near 1.6250

Any setbacks should be limited while the 170.00 level remains within reach, with a mass of stops having built above 170.00 of late. Recall dip buyers were out in force ahead of 169.00 in early London. Richard.Pace@Thomsonreuters.com.

Blog Archive