Good morning forex traders and welcome to another week of trading.
I would like to start by thanking all the Dynamic Trader bloggers for their time and effort. It is appreciated tremendously not only by myself and Javid but also by so many of our forex blog readers as described in their emails.
Last week provided some good pips overall and lets hope this week will be even better. The Euro could be having a breather before a possible continuation so I will be watching this pair for a move either way.
The USDJPY is finding resistance so it could continue further downside. Dealing below 96 will likely be strength in weakness.
Watch AUDUSD for resistance and subsequently possible reversal or consolidation.
Javid's Twitter has already mentioned the CHFJPY late last night and this morning is being managed.
Below is the Dynamic Trader Trend Analyser for your trading convenience.
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Good trading to you all this week.
Anne Chapman
Currency Analyst
