We may have some opportunities on the euro as a few pairs are or coming into key levels. AU has had some important price action too.
We looked at the supply that formed on AU a while ago and now this pair is on the list again. Price has engulfed a daily demand level and there is another one lower down. We could either have a retrace up to supply for a short or a drop into demand for look. We shall see.
EURJPY - Short
Is EJ is back at the key supply level we looked at back in March. We shorted from the level and if we get the right PA, I will be doing the same again.
EURNZD - Short
EN is already at daily supply and the arrival into the zone looks pretty good in that there has been a strong rally. I still need confirmation for a short so that's what I'll be looking for this week.
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