AUD/USD
FROM HERE: cautiously sell and remain short below 0.7660 to target 0.7560 for start
BUT:can consider reversing and go long if 0.7660 but with tight stops
COMMENT: first sign of bullish reversal (bullish gravestone doji) but a weak one so show caution.
USD/JPY
FROM HERE: same as yesterday trade the range 119.40 to 120.352but hard to determine next bias.
BUT: square up and re-assess if the range is broken. Need to see how the range is broken to determine the strength of next direction
COMMENT: today’s best strategy is to pick up some pips in between the range with tight stops.
EUR/USD
FROM HERE: sell around 1.0800 to target 1.0720 then 1.0680
BUT: square up and re-assess if 1.0820 breaks on top side. Look for better levels to go short
COMMENT: trend is still bearish but currently going through side ways trading at the moment
GBP/USD
FROM HERE: trade the range 1.4740 – 1.4870 but lean towards the short side
BUT: square up and re-assess if top end breaks. can consider reversing to short position if down side breaks
COMMENT: two doji in a ranging market, next 200-pips of direction is hard to predict
