Swing Technicals- USD/JPY Still Threatening to Test Resistance at 79.97
| CURRENCY | CURRENT BIAS | POTENTIAL STRATEGY |
| EUR/USD (Medium Term) |
 |
Watch for a new opportunity to emerge. |
| GBP/USD (Medium Term) |
|
Watch for a new opportunity to emerge. |
| USD/JPY (Medium Term) |
 |
Sell USD/JPY at 79.97. Stop at 80.47. Profit target at 77.00. |
| USD/CHF (Medium Term) |
|
Watch for a new opportunity to emerge. |
| USD/CAD (Medium Term) |
|
Watch for a new opportunity to go short near the bearish trend line. |
| AUD/USD (Medium Term) |
|
Watch for a new opportunity to emerge. |
| NZD/USD (Medium Term) |
|
Watch for a new opportunity to emerge. |
Commentary from Brad Gareiss and Matt Weller, Technical Analysts, GFT