Hmm, I see the range trade, but I'm cautious at the moment with the overbearing weakening USD effect: http://finviz.com/futures_charts.ashx?t=DX&p=d1 I'm definitely monitoring this pair otherwise. Good luck
Hi aizazkhaja, you were spot on. I got stopped out for a small amount. it wasnt really a high probability trade with the weakness in dollar. Anyways, the dollar pairs has been really choppy this week. look forward to next week and hopefully things will get clearer. Cheers.
I think it's possible. At best, it might range for a while. Fundamentally, there's been somewhat positive news lately, aside the recent downer. Technically, the USD was at resistance area, we're looking towards a support area around 83.00. If it doesn't stop there, we can watch it hit 82 levels again. We'll see!