After seeing stronger data coming out of the US last week, and the government holding off tapering for now,
we saw the major currencies stronger, while the crosses were all hurting
Now I understand what happened to the crosses because they were in need - - technically -- of retracement

The JPY crosses are not going down yet, though, but I will be waiting for their retracement the coming weeks
USD/JPY is going up strongly at the moment, and EUR/JPY, GBP/JPY etc are following like puppies,
it is hard to look at the technical levels at the moment - I think I will let the majors run against the Yen this week --- maybe...

After taking a loss last Friday I will be going long Eur/Chf this week first, which seems like a good bet
(read my previous posts), then if I am succesful at that I will be looking to short a very high Gbp/Jpy and Eur/Jpy
as soon as Usd seems to be ready for a pullback

Good luck, everyone this week
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