Morning all. I guess I happiest when I’m short CHF. I’m initiating a long USD/CHF position which I will hopefully build between 1.0750 and 1.0820 with a profit target at 1.1450. I will give up below 1.0570. Citibank technicals issued a sell NZD/JPY strategy overnight as they see the green shoots trade faltering. Resistance in EUR/JPY at 137.30 still holding. Yesterday I heard there was good buying interest in USD/JPY around the present 97.25 level. Good luck today.
I’m going long USD/CHF
Source: www.forexlive.com
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