Some trade ideas from UBS
The following are UBS’ latest short-term (mostly intraday) trading strategies for EUR/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CAD.
– We would look to establish fresh shorts around 1.1170-1.1200 with stops above 1.1225, for 1.1100.
It looks like they just missed out on the euro shorts and they might find they’ll get into USDJPY as the price drops to near 113.60 as I type. Their range looks solid enough.