One of the biggest moves in the markets last week was a fall of the CADJPY which has brought it in to play once again. We’re looking at this one along with a few others this week.
AUDCAD – Long
Price has rallied even further from the demand we have marked so the level looks even better now. It may be a while before price comes back to the level though as it’s been rallying strong and there’s no supply above for a while. Time will tell.
AUDUSD – Long
We’ve got demand on the daily on AU and whilst there’s been a level test we could still have more potential from the level so we’ll watch and see.
CADJPY – Long
Price has been speeding towards recently after breaking of a long standing range. It’s headed for demand so I’ll be watching for potential trades.
EURUSD – Short
EU is on the up and whilst there have been long opportunities, the next potential major turning point is at the supply level below:
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