The dollar isn’t exactly in bounce mode today and is seemingly subdued in USD/JPY but the euro is off in one of it’s “can’t catch me” moods and it looking at maybe having another crack at 1.3800. Currently posting a high of 1.3792. Third time’s a charm
USD/CHF is breaking down through the Feb 2013 lows I mentioned yesterday and that could spell trouble for the pair. I said I might fancy a long from here but keeping it tight but I don’t like the action so may go with my other strat of selling a held break. Let’s see how it goes.
