What We are Trading Today (April 24, 2017) – USDCHF Trade

*Good morning/afternoon everyone!*

While the euro remains bid and risk is still on, we have not seen the continuation that we had hoped for after the French election last night. With that in mind, the euro hasn’t pulled back materially yet so the outlook is still positive. We still like AUD, NZD and USDCAD could be a fade again at 1.35

*The MAIN THEMES I see today are*

USDJPY trying to hold 110

EURUSD trying to hold onto gains

GBP weaker

CAD weaker but nearing resistance

AUD and NZD strength

*Currencies we plan on day trading and the direction*

*These could change during the day, but for now

We will be trading around these themes --

-CHF
+AUD
+NZD

*Trading Biases*

These will change after US data

+USDJPY, +AUD, +NZD

-CHF,

neutral GBP, EUR

rally up to and looking to fade 1.35 USDCAD

*Starting Trades*

Pending Order

USDCHF Sell-limit 0.99600
STOP 1.01100
TAKE PROFIT 0.99300

Swing

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