market call
Market Call:
• Take profit on yesterday’s buy in the AUDUSD around current levels.
• EURUSD is expected to test 1 year’s high around the 1.4840 levels, move our stop loss to the 1.470 levels.
• GBPUSD, buy target 1.6120 with tight stop loss around 1.5950.
• We expect the Japanese Yen to appreciate against the USD and the GBP, hence sell any USDJPY, GBPJPY rally.
• Stock market is expected to trade higher today.