Need to see some retracements now on some of the cross rates as ATR moves have been done or mostly done. What I expect for the day has happened on cross rates like AUDUSD GBPUSD for example.
New trades as these are with the trend moves so far will be initially looking for fibs taken from current days lows to current days highs for longs and waiting for at lease a 50% fib retracements
Add in trade setting up right now on USDCHF… selling rally into a down trend.
Some other rates still need to start moving EURJPY needs to hit trigger levels to take action and GBPJPY needs to get into ATM zones to start locking some profits in.
CADJPY got me in the trade this AM and drifting sideways still looking for Scale outs
hope your having a good days trading so far folks
Phil
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