Monday mornings are usually slow and any moves that happen today are likely to get reversed by Tuesday or Wednesday. Today is especially slow and all the charts seem to be stuck in limbo, not going anywhere. I’ve decided to get out and stay flat until a clear direction emerges.
Closed all open trades as follows:
EURUSD: closed short from 1.3035 at 1.3074, -39 pips.
AUDUSD: closed short from 0.9109 at 0.9116, -7 pips.
USDJPY: closed long from 99.14 at 99.25, +11 pips.
GBPUSD: closed short from 1.5170 at 1.5113, +57 pips.