EJ Rallies, Swizzy Remains Lower

So last week GA continued to rally and since we were still in the trade, we made some more pips. If you didn't see the post on the Sterling longs you can find it here. This week EJ and the Swizzy are on the list.

EURJPY

Price came close to the demand level we were looking at last week before rallying and closing much higher. It's making its way back up to supply much higher up on the daily so we'll if it gets there anytime soon. We are around a trouble spot where price has failed to close higher since December last year so this is an area to watch.

2017-01-29 EJ Short D1

USDCHF

After engulfing daily demand price remained below the level. So far it has failed to make much of a move in any direction so I'll continue to monitor it this week.

2017-01-29 USDCHF Short D1

 

 

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