Sunday, August 21, 2011

Week 34 GBPUSD short reached prior month 50%, USDJPY long reached weekly long target



At the beginning of the week:
  • GBPUSD long reached weekly long target, so not sure if trend will continue
  • EURUSD long did not reached weekly long target, so not sure if trend will continue
  • USDCAD long

At the end of the week:

  • GBPUSD short reached prior month 50%
  • USDJPY long reached weekly long target

EURCHF has a little uptrend. USDJPY has potential to go short again.


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