As the spring and summer continue on, many traders and investors have very different out look for the majors. I think the only pairs that the masses seem to agree on are the commodity currencies such as the AUD/USD which have had a fantastic run.
I personally feel that the luster maybe coming off of the these pairs just a little. Technically speaking, I think a break under .7750 will indicate short term bearishness. My othe indicators of course will have to be in alignment for the trade to be taken. You may want to zoom doon to the hourly chart to pin point your entry. I trade of of the hourly chart and depending on how the markets are looking, scale down to the 5 min for a quick scalp. That is the beauty of the FXPOWER! trading method is that it can be used on any pair and any time frame.
