As predicted Monday was a very difficult day for trading as the USD seemed to strengthen (for no apparent reason) against most currencies only to falter later in the day but too late to take advantage of. Quite a good week last week with total gains of around 513 pips.
There was no trade for the GBP/USD pair and very little else on offer. A few pips could have been taken from USD/JPY.
Tuesday looks more interesting and there may be opportunities to take profit form both Long and Short positions with both the USD and EUR against the JPY.
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