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Holding Long US Dollar vs. Euro, Franc, Aussie

Holding Long US Dollar vs. Euro, Franc, Aussie

Ilya Spivak, Head Strategist, APAC

I sold AUDUSD at 0.9186 and have since taken profit on half of the exposure. The rest remains open to capture further downside momentum with a stop-loss at breakeven (0.9186).

I entered short EURUSD at 1.3644 in line with my long-term fundamental outlook and took profit on half of the trade. The rest is active with a stop-loss at 1.3583, my initial objective.

I bought USDCHF at 0.9068 and booked half of my profits, leaving the rest open with a stop-loss at the first target of 0.9114.

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