
I did not catch this massive upward move up to 1.6400 if we breach this level with conformation then we will see further upside. I would venture to say that we are going to be in for a retrace down to about the 1.6150/1.6120 level and then take a bounce to the upside possibly testing the last swing highs. I am feeling like this bounce might not be as strong and put in a lower high and if that happens we can except further downside next week. I did scalp some EUR/JPY and USD/JPY tonight for 22 pips. The yens ripped last night during the London and I scalped some shorts tonight on these pairs. Not a bad week!
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