I'm going to hold off on any eur/usd tonight

but USD/CHF looks to be setting up for a decent short around 108, previous support & 38% fib retracement of today's dump.

Now that we've finally had some movement...

I'm plotting out the EUR/USD, may look into something around the 61% fib retracement around 1.40

Watching EUR/USD 1.407 for a long bounce

If we can see a continued upwards movement on the EUR/USD, 1.407 may be a nice place to long for a bounce/continuation of the move up. However, I would really like to see a good 80-100 point move up and then retrace...the EUR needs to continue up to validate this.



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USD/CAD Watching

61.8% fib coming up @ 1.1145, some previous daily resistance in the area...I'm really looking for a bargain price here. Not liking the resistance as a whole, no clean match. It may be worth waiting this one out, and short the retrace when it comes. Watching for now

Usd/chf closed for +25 on x2full size
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Long usd/chf 107.45

Daily support, stops at 107.24. Could not ignore this trade, thought about it calmly....but I need to take it.
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Still watching nothing, giving this market room to breath...

We're seeing some bull EUR/USD action which I look to see continue. The pair has been in a tight range lately and will need to relieve the pressure by going one way or another. I don't want to be stepping in front of any trains and after the tight range we've seen the last couple of weeks, those trains will be moving fast. USD/CAD does have some more levels coming up below 1.12 but I'll likely stay out of those. Nothing looks clear right now.

Back to the waiting game :)