The only pair that has been predictable over the last few weeks has been the USD/CAD as it continues to gravitate around parity. Technical breakouts on some of the other majors have not held up and trading this market has been tough. Our analysis has been pretty solid; however, finding good trades has been more of a battle of stop placement. Recent volatility, together with uncertainty, can trigger the stop before continuing to move in the predicted direction. We continue to advise caution in this market and expect the majors to continue diverging from one another. Were looking for the Australian dollar to weaken, but another move to .9400 is possible. More in the video.
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