EJ & EN At Supply

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.

AUDUSD

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.

2017-04-30 AU Long D1

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.

2017-04-30 EJ Short D1

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.

2017-04-30 EN Short D1

Video

Like what you see? Share it here:

40% Rebate On Your Trading Commissions!

Find Out More Now

Leave a Comment





Want to improve your trading? | Download your free Traders Checklist

x

Learn To Read The Market

Your guide to consistent trading profits:
  • Identify high quality setups
  • Learn to read price action
  • Trade with confidence
x