USD Trading Program: 06/17/2013

DailyFX

I remain long USDCHF and USDJPY from Thursday night.

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 towards .9400 +.

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).

On the watchlist:

EURAUD short - looking to short a recovery into 1.4050-1.4100

AUDJPY long - above 92.54 would complete an inverse head and shoulders pattern (began on 6/11). The objective would be 96.15 (measured).

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