[B]My picks:[/B] remaining short EURUSD, against 1.4350
[B]Expertise:[/B] Technical
[B]Average Time Frame of Trades:[/B]
The EURUSD and USDCHF patterns suggest that the larger trend is in favor of the US dollar. However, important levels have been broken in the AUDUSD and NZDUSD and the USDCAD is expected to drop below 1.0780 before a low forms. At this point, there is no overriding technical theme. Stay short a small amount (20%) of EURUSD against 1.4350. If patterns clear up, then I’ll look to add to the position.