JP Morgan - Stay short EUR/MXN, EUR/KRW, NZD/CAD, NZD/NOK, GBP/JPY, AUD/USD and PLN/HUF

JP Morgan - "This week’s bullish shift for AUD/USD and NZD/USD suggests the August corrections are complete. Tighten stops on bearish trades. The breakdown in USD/MXN affirms the medium term downtrend and bullish backdrop for MXN. Stay short EUR/MXN, EUR/KRW, NZD/CAD, NZD/NOK, GBP/JPY, AUD/USD and PLN/HUF."

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Tags: NZD/NOK, AUD/USD, EUR/KRW, EUR/MXN, GBP/JPY, JP Morgan, NZD/CAD, PLN/HUF

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