GBPJPY is still in play and AUDNZD looks set to be too. These are the main pairs I’m interested in for this week so far.
AUDNZD – Short
Towards the beginning of the month we were watching for the engulf of a low to confirm a short and whilst we had the engulf, a short trade did not work out. Now price has been heading back, there may be another opportunity. With an engulf, I’ll look to short down through the profit zone.
GBPJPY – Short
Price produced some considerable moves away from the supply we’ve been looking at and there has already been an entry. How far it will fall remains to be seen so we’ll monitor as per the trade plan.
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