Daily Brief London 3-17-2014
Good Moring
The referendum in Crimea went as expected but the drama continues. Today, there seems to be a little breathing room until sanctions are known. Stay cautious.
Economic News for Today
Nothing of significance is expected for today
Today's Strategy
Any geo-political surprises could send a run to safe haven inflows into the JPY. But until and unless, we short the JPY.
Buy
GBP/JPY 169.40
EUR/JPY 141.5030
CHF/JPY116.73
USD/JPY101.90
HOWEVER Sell these pairs if below the last two days session lows
AUD/USD buy above 0.9050
Sell
AUD Cross Currencies such as GBP/AUD, EUR/AUD, etc.
Good trading and a relaxing weekend
note :- long = buy , short = sell
Good luck to all traders in the Forex
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