Last week I think the BOJ intervention through off my analysis a little. This week the JPY and USD both have gotten stronger. On the other side of things the GBP and NZD have weakened a little. Going short on AUD/CHF and AUD/JPY are my favorites for now. I don't expect a trade setup on AUD/CHF until atleast tuesday but I will be keeping an eye on it. I had a few good trades on the AUD/CHF on Monday and Tuesday of last week before it started to consolidate. Even though the GBP has weakened there may still be an opportunity to go long on the GBP/AUD and GBP/CAD. Also the ssi is giving a long signal on the GBP/USD and a short on AUD/USD(Using USD as the common currency signal long GBP/AUD). My trading strategy relies on momentum of short term trends, just because these are my perfered trades doesn't mean that I won't take other trades. These just seem to have the most potential.
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