Monday, January 16, 2012

Jan 17

We now can recognize last fridays action as an intermediate shakeout-that could have EU/ GU in another re-distribution phase for 2-6 weeks. Certainly to the Feb NFP.

USDSGD is showing signs on breaking down

UCHF-- Shows an interesting distribution from about Jan 5




And NZD leading the way-- looking for a breakout to the upside of the channel