A number of the pairs I usually watch are not showing signs of opportunity. There are just a couple I’m watching this week so this outlook will be brief.
CHFJPY – Long
Since CHFJPY hit demand a couple of weeks ago, I’ve been waiting to see how it will react and so far there’s been nothing great. It’s still on the radar as the demand has not yet been broken and the path upwards remains clear.
EURAUD – Long
EA has dropped even further into the demand we were watching and even stepped outside. The was a large rejection so we could see a rally. My preferred long would be from the demand lower down.
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