The Kiwi broke and hasn’t bounced yet. Right now it’s the only thing I can see that has a decent R:R.
Here’s the chart. If it bounces I’ll go long w/ PT at 0.6930, SL at 0.6840. If it breaks below I’ll go short with PT at 0.6810, SL at 0.6880.
The long is more appealing to me, but it hasn’t hit those highs since Oct 2008, so the market may still be hesitant at the current levels.
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Well, this just fizzled out completely, didn’t it?
There’s some Aussie news tomorrow (overnight for us here) that may affect it…but it’s Aussie and news and it’s pretty inconsequential. So…I may just wait until tomorrow to re-evaluate this one.