Forex view...

Hello Traders,

EUR – USD – strong rally above 1,27 on Friday, should see resistance near 1,2770, support 1,2660, if we see 1,2765-70 first, try small short for pullback twds 1,2710 and then for 1,2660, on the other hand first move below 1,27 can be use for long….

Wait and watch…

GBP – USD – fighting with 1,9000-15 resistance now…

NOTE: if EUR-GBP support at 0,6685 holds we could see some profit taking from long GBP-USD

Wait and watch…

USD-JPY – 118 support was taken out, now we have some support near 117,30 below this level 116,70 then 116, resistance 117,70-118

NOTE: First Russia Central Bank, during Friday Swiss National Bank bought jpy, also tommorow BOJ rate decision

Strategy: buy JPY on a dip…

for more details send email to me...

Good Luck Good Trade
Piotr

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