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DailyFX Home / Analyst Picks / Jamie Saettele

Jamie’s Pick: 06/08/12

By , Sr. Technical Strategist
08 June 2012 13:09 GMT

Trades are structured with consideration to current wave structure in risk. For the next few days, I’m likely to be bearish on rallies. The following charts outline risk management levels (red is resistance, blue is support, black in interim levels to consider). I favor shorts on rallies in the AUDUSD and AUDJPY into resistance.

Levels are noted in this morning's report.

To contact Jamie e-mail jsaettele@dailyfx.com.

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Jamie is the author of Sentiment in the Forex Market.

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08 June 2012 13:09 GMT