All those who did not short sell SHP & IPL previously they are still great opportunities to short at these levels. IPL anything above 106 & if you can get in above 107 all the better. SHP has already started to fall from the 98 levels but could have a support at 95, if it breaks through this it could go below 90. Note my previous posts. The markets are not steady at the moment & the slightest news is moving them up & down but although the bulls are trying to get control the overall fundamentals are still very bearish and as was seen this week the slightest bad news will send the markets down at speed. We are still very bearish on the markets and expect more downside in the short term. A short on the EUR/JPY can be considered above 113 with a target of 106. Have a good week trading.
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