Objective Forex: Tuesday Play

Tuesday, June 23, 2015

Tuesday Play

Our EURUSD play yesterday unfortunately came crashing down after the support level we called failed to hold after multiple tests and the EURUSD turned into a sell-off spree. 

We imagine this would be an even greater time to buy now at 1.11 but we are going to shift our attention elsewhere after the failed trade.

For tuesday we have a solid trend pick on the USDCHFi 

LONG USDCHFI at 0.93

The spike up to 0.938 is hinting at much further bullish movement from 0.934 at the time of this writing and the trend is solid on the daily, weekly, and so on.

(click to enlarge)

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