Asian market open, Tuesday September 3rd
Here’s Milan’s market overview FXWW Asia Open Briefing 03-09-2013.
It should be a busy day again for the AUD and I’m happy to stay long AUD/JPY for the moment but will be looking to reduce as the risk events near. USD/JPY will have it’s eye on major optionality near 100.00 and EUR/USD is sitting on important technical support levels near 1.3170.
Sean, i decide to cut my EUR/USD long with 47 pips loss due to uncomfortable feeling ahead of risk event. i am thinking my direction may be right but may be too early
Prob right move I think Dok, lot of action in crosses like EUR/AUD and EUR/GBP. Best save some mental energy and wait for clear cut trade entries