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USD Forex Trading Program: 06/18/2013

USD Forex Trading Program: 06/18/2013

Jamie Saettele, CMT, Sr. Technical Strategist

I remain long USDCHF and USDJPY from last week.

For USDCHF, I'd like to see a move into .9290-.9333 and pullback from there in order to add to the position for continuation to .9470.

For USDJPY, a close above 96.00 would make me feel better about continuation towards 97.00/50 and maybe even 98.75 (half the move down).

Was triggered short EURAUD at 1.4100 today. The stop is 1.4250 and a soft target area is 1.3600.

AUDUSD long was just missed this morning. The order is .9440. I may go in at market if not triggered before tomorrow (will update in technicals later today).

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