AUD
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0.00% 1.4820 australian dollar

Pinozi's FX Trades, page-14

  1. pinozi
    1,268 Posts.
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    01/08/16
    16:26
    Post #: 18418502
    The recent bounce in the EURUSD must be squeezing some shorts as most are positioned that way. There should be some big stops around that 1.12 figure as the market spiked near there recently. Bit of a contrarian trade as I think a lot of people will be happy shorting the EURUSD around current levels as it looks like its near the top of the range

    Buy EURUSD around 1.1165, Stops @ 1.1145, Target @ 1.12
    Price at posting: 1.3150 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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