USD looks weak on all pairs
USD/JPY - strong downtrend set sell alarm at 77.25, no support below there
USD/CHF – strong downtrend set sell alarm at 0.8000, no support below there, 0.8000 is important psychological support
GBP/USD – this pair we believe is now headed to the 1.6700 resistance, it has not consolidated but if it does overnight look to buy after the USD news, strong intermediate uptrend
NZD/USD – strong uptrend, set buy alarm at 0.8750, no resistance
When the price alarms hit verify any buys or sell entries with The Forex Heatmap ™ and look for USD weakness or cross currency strength or both.
Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans Across 28 Currency Pairs
$19.95 per month
USD/JPY - strong downtrend set sell alarm at 77.25, no support below there
USD/CHF – strong downtrend set sell alarm at 0.8000, no support below there, 0.8000 is important psychological support
GBP/USD – this pair we believe is now headed to the 1.6700 resistance, it has not consolidated but if it does overnight look to buy after the USD news, strong intermediate uptrend
NZD/USD – strong uptrend, set buy alarm at 0.8750, no resistance
When the price alarms hit verify any buys or sell entries with The Forex Heatmap ™ and look for USD weakness or cross currency strength or both.
Good Trading
Mark Mc Donnell
www.forexearlywarning.com
Spot Forex Trading Plans Across 28 Currency Pairs
$19.95 per month
