Friday, August 23, 2013

Before the week ends, I would like to conclude that most of the major pairs are in the consolidation phase and I do not recommend a BUY or SELL. I would recommend that if you have any open positions, please close them as there might be a possible trend reversals for most of the pairs next week. 

Also, do note that there would be a major event next Friday, where the Fed would be having their meeting at Jackson Hole. Enjoy your weekend guys!

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