nh53019

nh53019

The price on weekly has touched the trendline resistance and I'm looking for a short opportunity here.. The target would be around 1.1400 region..

nh53019

I think we have a strong support and sort of a triple bottom forming which might be difficult for this pair to break below as there are no major events in the near future. Also, I think AUD has been oversold and need a correction which could put 1.15 as my near term target.

nh53019

I am short GBP/JPY with a set target 178. After that I will remain on the sideline to see whether to enter long or to start a fresh short position.

nh53019

I see that this pair will start heading south and my first target is 1.1320 and then I will do some analysis to decide whether to remain short or to wait in the sideline to take a short.. I think we may not get further long this pair as Oil is seeming to bottom in near future which will benefit CAD.