Morning update 23/06/2014

USD/JPY short entry last week has yet to yield any positive gains. Price action remaining neutral for the time being. Technicals are somewhat mixed, but still some marginal bearish pressure. Price did however close above 102 which has definitely lifted the pressure off the pair. Wait and see on the opening day of trade for the week.

USD/CHF put in a pin bar at key level. Moving averages only just starting to flatten out. MACD trending downwards. Limit entry placed.