NZDUSD AUDJPY Continuations + GBPCHF Active Trade (Analysis 2020-03-05)

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Coronavirus and NFP week are still having an impact on the market and will continue to do so for a bit of time. We do have a few interesting developments on some pairs, with GBPCHF triggering an entry for some of you.

The most promising pair today is NZDUSD for a potential short continuation so keep a close eye on that pair. AUDJPY is also a potential continuation though not as strong as NZDUSD.

GBPUSD and XAGUSD are at different stages of the same potential short trade. XAGUSD is closer to triggering so prioritize this pair. USDCHF is also on my list but we need to find a lower entry for the RR to work out there.