Still waiting for the first position trade of the month. The Swissie looks the most promising but currently shows no bias. It continues to trend nicely and has just had a retracement without loss of momentum.
The Yen sell-off has pushed the USDJPY stratospheric: it has an accelerated trend pattern which will retrace at some point producing a buy opportunity.
The Euro is consolidating in a down channel and is currently untradable. However it does have a strong sell bias. Just waiting for the signal.
Regards
Morty
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