Today’s Trading Plan 09.14.2017 – NZDCAD, NZDCHF

*Good morning/afternoon everyone!*

We are live trading the Bank of England meeting this morning so that will be our main focus. Meanwhile the U.S. dollar is losing its momentum after having raced to fresh highs overnight. However the prospect of a stronger CPI report keeps us from selling the currency this morning. With that in mind, we could be near a top for a greenback as EUR/USD and USD/JPY hover near key technical levels. AUD is struggling to hold onto its post employment report gains while NZD is lagging behind. USD/CAD appears to be in the process of rolling over.

*The MAIN THEMES I see today are*

-NZD
+CAD
+EUR

*Trading Biases*

mildly -USD
+EUR, +CAD, +CHF
-NZD
mildly +AUD
neutral USD, JPY

*Today’s Ideas*

1. Sell NZDCAD at 0.8806, Stop at 0.8836, Target 0.8786
2. Sell NZDCHF at market now 0.6987, Stop at 0.7017, Target 0.6967

Cancel ALL pending orders by 3:30PM NY / 19:30 GMT / 5:30AM AEST
Close ALL open day trades by 4PM NY / 20 GMT / 6AM AEST

Swing

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