Aussie Hits Supply EN Rallies From Demand

The EN demand level we looked at last week had a great reaction rallying up hundreds of pips. I'm still looking at along with a few others this week.

AUDJPY

AJ has arrived at supply on the daily and there's a clear path on arrival. We'll see if the level holds and price reverses.

2017-07-02 AJ Short D1

AUDUSD

AU is also at supply and it arrived with only green daily candles which is a good sign. We'll see if price wants to reverse or not.

2017-07-02 AU Short D1

EURNZD

The EN demand level we looked at last week was hot to the touch and had a very strong reaction, rallying over 400 pips from the low. There is still room up to supply so there may be more opportunities to long. PA will show the way.

2017-07-02 EN Long D1

GBPJPY

Price has hit daily supply so as with the others, we'll see if price wants to reverse. Price action will let us know.

2017-07-02 GJ Short D1

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