End of Week Forex Action
Dave Floyd is a professional FX and stock trader based in Bend, OR and the
President of Aspen Trading Group. Dave’s approach to FX combines technical
and fundamental analysis that results in trades that fall into the swing
trading time frame of several hours to several days. For a free trial to
Dave Floyd’s Daily Forex Alerts
or call 888.484.8220 ext. 1.
AUD/USD: a nice $5 bounce in gold and a decline
in the dollar has seen a modest bounce in AUD/USD – however, as we noted in this
mornings 24-Hour Targets & Levels, AUD/USD remains in a sideways trading range
that will likely see prices capped at .7823-30
USD/JPY: we will look to play USD/JPY from the
long-side on pull-backs towards 120.00-25.
NZD/USD: see chart below
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