On the Radar…

A lot of data coming out and Bernanke will speak so extra cautious today too:

  • EURUSD > bullish and looking for retracements for long entries… ideally 3560/80s
  • GBPUSD > bullish and looking for retracements for long entries… ideally 5370/80s
  • USDJPY > bullish and looking for retracements for long entries… 93 and below

Keep in mind that failure would bring bearish momentum back, so I would really be focusing on the shorter-term trend and trades in order to not get stuck with a specific bias.

Stay safe 😉

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