We have some great setups in today’s price action analysis. I start out by taking a look at some open trades which some of you may be in – check that out at the start in order to see how to manage those.
GBPJPY is our closest setup to triggering with a potential long trade on the cards. Brexit and not the best RR makes this a riskier trade though. CADJPY & USDCHF are both potential shorts and are at resistance areas so track these two.
NZDUSD is hitting some extremely low lows so it is worth keeping an eye on this one in general. I am trading a new setup on this so I want to keep you guys in the loop. Lastly, EURGBP is a potential but we need to see price retrace before I get any interest.