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Danske Bank: trade signals for March 19

Open positions:

EUR/CHF: Hold SHORT at 1.0605, STOP LOSS 1.0685

EUR/CAD: Hold SHORT at 1.3735, TAKE PROFIT 1.3230, STOP LOSS 1.3835

NZD/USD: Hold LONG at 0.7365, TAKE PROFIT 0.7611, STOP LOSS 0.7310 (revised)

USD/JPY: Hold SHORT at 120.40, TAKE PROFIT 119.29, STOP LOSS 120.88

Trade ideas:

EUR/USD: Possibly SELL

EUR/JPY: Possibly SELL on return towards 131.67

EUR/GBP: BUY at 0.7220, TAKE PROFIT 0.7372, STOP LOSS 0.7160

GBP/JPY: Possibly SELL

GBP/USD: Possibly BUY

USD/CHF: Possibly BUY

AUD/USD: Possibly BUY

USD/CAD: Possibly SELL


*Danske Bank applies trailing stop orders (moved together with the price)

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