FX Overview

XXXUSD Accumulation complete- mark up phase- The continuing move upwards should be low volume after the areas of Resistance (resistance will be high V) (as shortsellers cover USDXXX Distribution Complete - Mark down phase- Continuing downwards USDCHF especially... (.89 and possibly .86) UCad at least parity AU NZ Leading targets 1.04 and .8227 EU GU - no new targets yet - we'll need to keep an eye on when they choose to redistribute.- 1.60ish on GU? the 200 daily ma of the EU is 1.33... Support for EU is 1.2570-80 GU tested its support at 1.5578 Although hourly retests are seldom during mark phases (until new supply is found)- as the intent is to trap sellers and buyers...