Bank Flow

5/20/2008 Bank Flow Update

I don’t have any specific new buy or sell levels this week yet. However I wanted to pass along some ranges to watch.

On the AUDUSD I continue to look for sells around the .9600 area. I would like to be able to find the top on this pair and hold for a run down to .9000’s.

Both the EURUSD and USDCHF seem to be ranging at the moment. My focus will be to look for levels for sells on the EURUSD and buys on the USDCHF.

The EURJPY has found strong resistance between 163.00 and 163.25. I am hoping to find a top on this combo for a move back to the 160’s.

 

 

 

 

 

 

 

 

 

 

 

 

My theme at the moment is US dollar strength and will continue to focus my positions accordingly.

Dustin

Filed under Bank Flow By Dustin

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