Review of Open Forex Trades

The Canadian dollar has rebounded nicely. I would like to see it clear the 0.79 level to get more excited.

The Pound has given me some problems. This is the issue with massive weekly charts. They are hard to get in and place a good stop. This is my last attempt. I think I caught the bull run this time though. A closing about 1.365 and I will add more longs.

The Yen retested its ascending triangle breakout. This is what I wanted to see.

The New Zealand Dollar broke out at 0.68 and has not looked back. Today, it broke out from its rectangle and looks set to thrust even higher. As (if) it approaches the 0.74 level, I will get aggressive moving up my stops to lock in further profits. I might exit the trade all together at the 0.74 level.

Looking at the USD (which I do not have any position in), it looks set to start another down leg. This is bullish for all these other currencies except for the Yen. The Yen is not as strongly correlated to the USD as the other ones are.