50% RT if major down, we have some extensions lineup also and the big figure
Will be looking at buying for a rally back into last weeks highs before continuation of selloff
Besides Crude Oil inventories, we have no other significant data out that should effect the kiwi, Annual budget for Kiwi @ 12pm. We have done 37 pip range so far with the ADR b/w 60-70. Forecasting for us to continue ranging until at least the data tomorrow therefore will be playing the trend (down) and shorting the upper range order will be closed a couple hours...
GBPUSD approaching sell zone Would Like to see EURGBP @ around 0.7565-25
Limit @ 40 Stop below April low Exit before FOMC or manually based off PA
Selling has was weaning from the major highs at 1.1615. We've seen the rally yesterday except today it gave most of its gains back. This last impulsive moves seems like a Shakeout. Bounced off support on Up Channel. If this upward TL breaks the EURO and we get stopped then the EURUSD will continue a major a selloff. Targeting a spike upto NFP highs