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USD/JPY posts another revesal pattern

The pair rallied about 50 pips in the opening hours, on the back of dovish comments by BOJ governor Kuroda, but then gave back twice as much by the end of the day.
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al_dcdemo avatar

Reversal pattern, not "revesal pattern".

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What to look for at market open tonight

I am getting ready for trading today
There are a couple of things that I will be looking for after market opens this evening
Continued Eur strength, or open higher of EurUsd might be interesting
EurUsd may test last weeks failed high around 1.1450 - I which case I will short
GbpUsd needs to stay below previous daily highs around 1.3050,
then I will consider short positions - I will let a break higher run towards 1.33
UsdJpy is stuck around 1.12, but I might seek a chance to buy any dips
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EURNzd short about to re-open

My EurNzd short that I carried across the weekend will open soon
I am looking to short Eur, and go long Nzd and Aud this week
Eur and Gbp are at resistance levels, while Nzd and Aud are at support levels
If I am right, I will carry a couple of short Eur and Gbp shorts this week
and be able to gain around 100K in the contest
gl all
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Looking for trades at market open

When the market opens tonight I will be looking for trading opportunities
I have my eye on UsdJpy longs if there is a pullback,
or the pair opens lower tonight - UsdJpy should still break 1.10
I will also be looking at AudUsd - this pair has gone down a lot lately,
and I will be looking to buy around 0.72, or lower
gl all this week
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