Week starting 18th March
Bias/Capflow: EUR/USD down, USD/JPY up, AUD/USD up.
Projected weekly ranges for this week.
USD/JPY 94.96 to 97.31
EUR/USD 1.2863 to 1.3083
AUD/USD 1.0227 to 1.0425
Notes: AUD short position still looks like an accident waiting to happen (AUD up), more so with Sterling. Maybe Buy stop entry at 1.5200
Bias/Capflow: EUR/USD down, USD/JPY up, AUD/USD up.
Projected weekly ranges for this week.
USD/JPY 94.96 to 97.31
EUR/USD 1.2863 to 1.3083
AUD/USD 1.0227 to 1.0425
Notes: AUD short position still looks like an accident waiting to happen (AUD up), more so with Sterling. Maybe Buy stop entry at 1.5200