AUD/USD
FROM HERE:back to range trading with a bearish tone. Looking for 0.7776 to 0.7850 today (next 24hrs)
BUT: will consider going short below 0.7750 to target yearly low of 0.7625 (03/02/15)
COMMENT: Data Releases: AIG Manufacturing Index, MI Inflation Gauge m/m, HIA New Home Sales m/m
USD/JPY
FROM HERE: buy at market or on dips around 119.40 to target 120.46 and beyond for the week
BUT: above 119.77 will trigger stops which may see 120.00
COMMENT: chart suggests USD strength this week. Trade with USD long bias in mind
EUR/USD
FROM HERE: sell at market or on rally around 1.1228 to target 1.1000 for the week
BUT: consider reversing and go long if 1.1250 breaks on top side to target 1.1300
COMMENT: Bears are back in force and trend may continue for the week. Looking for good levels to go short
GBP/USD
FROM HERE: cautiously sell around 1.5454 to target sub 1.5400 and trail stops
BUT: square up and re-assess if 1.5454 breaks convincingly
COMMENT: MACD is starting to turn and cross but need more confirmation to before going short large
