Potential Setups on NZDUSD, USDJPY, AUDCAD (Analysis 2018-07-03)

Tuesday’s analysis showed a couple of potential setups – NZDUSD is currently on top of support which could give us a long reversal trade. USDJPY is stalling out at resistance, with a short reversal in the cards. Lastly, AUDCAD has retraced back to resistance. I’ll be looking for price to stall here and push down for a short continuation. This week may be a slower week – NFP and July 4th means there may not be as many trades. Remember, don’t let your FOMO take over and cause you to take bad trades!

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