Monday 14 September 2009

Message 53

Looking to go short EUR / USD and EUR / GBP at the current levels. The former is near trendline resistance and is struggling to push up and the latter is at range resistance.

However, I'm not entering trades overnnight and anyway price normally does not move much with these pairs during Asia. Also, there is plenty of 'event risk' tomorrow so I'm cautious about volatility.

I'll add charts tomorrow if the setup is still applicable.