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Current USD Trading Plans

Discussion in 'Commercial Trade Journals' started by Mark Mc Donnell, Oct 11, 2011.

  1. Mark Mc Donnell

    Mark Mc Donnell Forex Early Warning Representative

    Joined:
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    We expect USD strength tonight on all USD pairs except for the USD/JPY.

    USD/CHF – set buy alarm at 0.9120, this pair should go back to 0.9270 and break it, long term uptrend.

    USD/CAD – this pair should go back to 1.0600 and break it, long term uptrend in place.

    EUR/USD – set sell alarm at 1.3565, it should test 1.3150 and break through this price, long term downtrend in place

    The NZD/USD, GBP/USD, and AUD/USD should also all drop down to their lows from about a week ago and break through their lows as well, all are in long term downtrends


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





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