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Current USD Trading Plans

Discussion in 'Commercial Trade Journals' started by Mark Mc Donnell, Jul 26, 2011.

  1. Mark Mc Donnell

    Mark Mc Donnell Forex Early Warning Representative

    Joined:
    Jan 20, 2010
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    USD looks weak on all pairs

    USD/JPY - strong downtrend set sell alarm at 77.25, no support below there

    USD/CHF – strong downtrend set sell alarm at 0.8000, no support below there, 0.8000 is important psychological support

    GBP/USD – this pair we believe is now headed to the 1.6700 resistance, it has not consolidated but if it does overnight look to buy after the USD news, strong intermediate uptrend

    NZD/USD – strong uptrend, set buy alarm at 0.8750, no resistance


    When the price alarms hit verify any buys or sell entries with The Forex Heatmap ™ and look for USD weakness or cross currency strength or both.


    Good Trading
    Mark Mc Donnell
    www.forexearlywarning.com
    Spot Forex Trading Plans Across 28 Currency Pairs
    $19.95 per month


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