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and it continues would like to see a some closes below 1.0990

looks like alot of fresh longs can get caught out.. imo a push up to 1.15 again would just be another short... thurs CPI will be important, but also i believe the fed will reiterate that q1 numbers were transitory and that economy is rebounding ...

wed Fed meeting will bring us back to new lows, price action is obvious the dollar is being kept in check until the rocket ship ride the feds will take it on... good weekend

i agree.. nice one

Agree

I knew there was a reason uj was stuck in that tight range for a month... When it breaks out, they talk it right back down.. Pure BS... BoJ intervening, theyve done it before. Gotta stay away from this pair for bit... I always said a month of 2 of ...

it was BoJ comments that brought us down to 118.7 .. within about 4 minutes

OUCH

everyone trades differently... maybe a good idea is to put a stop loss with half of your current profits.. that way you still making 40 or so pips if it starts to retrace another way is to close half your position size .. and same thing on a retrace ...

finally got to offload longs after a long month, was holding a nasty 1 lot at 120, but managed to also get under it and get a decent one in at 116... just closed out, decent profit, especially considering the drawdown, ill take it... as my man ...

they are really keeping this pair above 78 i see.. not too many times you see a 25bp drop in interest rate have a 150 pip move down, only to be eaten up within next 12 hours.. ever since that, price has been staying above certain levels must be ...

trade balance looks good for aud?

other pairs much easier to trade then this 1.. other dollar pairs are all pretty much bullish, (probably because of weakness in other currencies) but this pair seems to stay under pressure.. that damn yen is dying for a sell off

im nuetral, no telling if its going to break 117.2 or break 118.8.. YET

yeah, this range is KILLING me.. either break up or down damnit

they will not allow above 118.8

Why these pairs?

what a ride boys....

Correct, we have been saying this for 7 months and will continue to say sell the rally until US data shows stagnation of some sort... Trend is always a friend