After our busy week previously we have started this week on a similar footing as I first take a look at the state of my watch list after so much activity. We have an active trade still on AUDNZD and after a great long trade last week, GBPUSD could be triggering a short reversal on the daily by tomorrow.
We then have 4 pairs looking for bulls to push price higher into resistance where I want to see price stall out and give us some more reversals: AUDUSD AUDJPY CADJPY GBPJPY. Finally EURJPY is a trade you could enter on the 6 hour or 8 hour right now – the benefit of this is you will not miss the trade if, like me, you want to wait for the daily to close hopefully with indecision.
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