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Bank Flow Levels for April 14, 2008
I am going to share a couple of levels with you today. Trade One First is the USDCAD, looking to buy around the 1.0120/30 area targeting a move back up to 1.0250. For intraday traders set a stop around 1.0075. Trade Two Second is the EURJPY. I will likely take a sell in the 160.30/50 area targeting…
ECB moves market
We had some anouncements made from the ECB a few hours after we added to the usd/chf that was extremly bad for the eur and due to the corroloation between the EUR and CHF we saw good moves on both currency pairs. I expect we will have some slight retracements but expect overall follow thru…
Small add around 1.0900 on USD/CHF
I added to the USD/CHF around the 1.0900 level. You can add any where in this area.
Dustin