DislikedYes, the long term charts are controlling my entries now. The last 2 Fridays have been fortuitous to the value players. But overall, it's been a series of nice bursts followed by disappointment. The technical trade, though, seems to be ready to shift. It is quite a struggle though, which adds some concern at these levels. Fortunately those well positioned can afford to watch with profitable stops., as the U-Boats have stayed away and allowed the flagship some freedom.
I agree with USDCAD - it's a good fundamantal comment, along with AUD. USDCHF...Ignored
Would not EURUSD be the one who shows the way and not USDCHF, or this pair is something that is also considered when considering commodity currency.
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Jideck