EUR, GBP and JPY having better luck than Sacramone

Unlike Alicia Sacramone, currencies are finally catching a break. I watched the vault the other night and felt bad for her. However, overall the women’s team has done great! I just wish we could have taken a few more medals at the National Area.

That disappointment aside, the EUR, GBP and the JPY are finally stabilizing. Though JPY didn’t move nearly as far as the others, it still is facing some tough resistance ahead. Look for all these currencies to strengthen in the next few weeks, filling in the retracement needs of all those traders out there.

When those retracements are over, hold on to your hats:

EUR/USD : 1.3320

GBP/USD: 1.7000

USD/JPY: 124.00

USD/CHF: 1.3277

Email (will not be published)

Name

Title

Comment
 remaining characters

Post