watching

I've been watching the majors this evening and the movement has mostly been against the USD. I'm waiting for the US data in the morning which includes September CPI, September Retail Sales, September Industrial Production, August Business Inventories, and the October Michigan Sentiment survey. That's quite a lot of market moving data. We'll see if the USD can break through those support and resistance levels.

I had a bad trading week and I'm still stuck in my USD/JPY Short Position at 114.02. This evening, the Yen made a move as low as 114.36 but that was about all it could muster. The USD/JPY currently trades at 114.55.