EURCAD – Long
EC dropped into the demand zone I noted in last weeks outlook. I’ll be watching for signs of a move north this week.
EURJPY – Long
EJ is still on my radar for a long trade and we’re now only a few pips away from the zone. Price has dropped nicely so far and if we see another red daily candle or two then I’ll be watching more closely.
EURNZD – Long
EN has dropped in the demand that I mentioned the past two weeks so I’ll be watching to see whether price will rally from here or not.
EURUSD – Long or Short
EU is very close to demand but we may see a retrace first. I’ll be watching for shorts initially until the demand level is hit.
GA broke through the demand I mentioned last week and is heading for the next one. I’ll be watching to see whether or not that one will hold.
USDCHF rallied strong at the end of last week creating a nice looking demand level. I’ll be watching for longs from it.