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Chart Talk 21-08-13 

Last Updated: August 21, 2013

By Rayner Teo

Key level to watch out for on GBPUSD. Tonight FOMC minutes could determine if the level holds or break.

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USDCHF has been in a range since Sept 2011 and right now we have a potential buy opportunity. Buy low sell high, anyone?

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I didn’t catch this move on the NZDUSD but nonetheless i thought it was a beautiful setup.

nu

And lastly, a potential sell on the CHFJPY? I would wait for a bearish price action before triggering a short.

chfj

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