...scaled into some EUR/USD shorts and USD/CAD longs this morning. I've closed some of the earlier poor entry positions at breakeven and remain with a couple small entries (1k lot). EUR/USD is sporting a +120point lead while the USD/CAD long is nearly +200. I just entered a second USD/CAD long (2k) just above 1.23. I'm looking to see this test and break 1.24 and I look to see the EUR/USD return to 1.23-1.24. I will add additional EUR shorts as we break the 1.26 level.
I'm keeping my eye on the NZD/USD for a short at the 55.5 level to see it break support at 55 and head down to test 54.