Weekly Trades: EUR/USD, GBP/USD, USD/JPY and EUR/AUD
Ranges for a vast majority of our currency pairs expanded widely this week yet the expamsion is fairly normal. Prices overall are desperately trying to trade back to normal trading levels again. Targets this week are easily achievable.
GBP/USD
Long 1.1646 and 1.1604 to target 1.2062. Must cross 1.1687, 1.1728, 1.1769, 1.1810, 1.1896, 1.1937, 1.1978 and 1.2019.
EUR/USD
Long anywhere or 1.0696 to target 1.0979. Must cross 1.0727, 1.0790, 1.0853, 1.0916 and 1.0947. Long above 1.1042 to target 1.1105.
EUR/AUD
Short 1.8447 and 1.8546 to target 1.7957. Must cross 1.8349, 1.8251, 1.8153 and 1.8055.
USD/JPY
Short 110.82 and 110.99 to target 108.82. Must cross 109.78, 109.68 and 109.58 all crucial to achieve target.
Reprinted from FXStreet，the copyright all reserved by the original author.
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