Today I am looking very closely at XAUUSD (Gold) for a long trade that is very close to triggering. Take a look at this pair quick and see what your entry, target, and stop loss would be.
We are still watching AUDUSD and NZDUSD for potential trades though they look like they might break resistance. In that case, we would be keeping an eye for potential long continuations so keep these on your watch list.
Lastly, we are tracking 5 pairs that are all the same setup essentially: AUDJPY, NZDJPY, EURJPY, GBPJPY, CADJPY. All are at resistance and we want to see price stall here for reversal trades. Please keep in mind there is some significant news today so make sure you look at your economic calendars and account for that.
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