Shorts are still in play for the GY as per my post #40034 on pg 2069 via the triple screen of weekly/daily/and 4hr TF's. 1st targets are still 235.50-235.86 area. Further downside is a possibility to 233.00, but intermediate retracements most likely will occur.
GU is also now good for a short, but bear in mind this pair has been choppy and there is some 4hr resistance near the present level of 2.0275. Larger TF's are getting long tired. A safer play would be to wait for the support at 2.0275 to be broken.
Happy Trading,
Cheers,
NP
GU is also now good for a short, but bear in mind this pair has been choppy and there is some 4hr resistance near the present level of 2.0275. Larger TF's are getting long tired. A safer play would be to wait for the support at 2.0275 to be broken.
Happy Trading,
Cheers,
NP