Morning Edge T-Chart for Wednesday 06.17.2009
USD NEWS – CPI 08:30 ET
STRONG
Short* GBP/USD 1.6200*
Short EUR/USD 1.3750*
Long USD/CHF 1.0906 180 min chart of the day. Wedge
Short USD/JPY 96.00
WEAK
Long EUR/USD 1.3927
Short USD/CHF 1.0830
Long USD/JPY 96.80
Note: The values presented in the T-Chart represent the next major area of Support or Resistance, and the opportunities may be to these levels, or may provide additional trading opportunities on breakout beyond these levels.