AUDJPY - Short
Price rallied strong last towards the end of last week and is now heading for another supply level. If it continues up with clear green candles, I'll be watching for a reversal.
CADJPY - Long
The Yen clearly took a pounding last week as CJ also rallied strong. There is supply higher up but the demand level created last week looks nice at the moment. If price returns with clear red candles I'll be looking to trade long.
EURAUD - Short
The EA has broken a significant decision point on the daily chart and there is some profit potential below. A lower time frame retrace to a supply level that holds, would confirm a short trade. This is definitely one to watch this week. You've seen what can happen when this type of PA occurs. If you haven't, check out this article from similar trade setups on CJ and GJ last month.
EURJPY - Short
Price is just over 100 pips away from a short on the EJ. The rally that ended last weeks' trading was very strong, and if the supply holds, price shouldn't have too much trouble falling back down through that large green candle.
USDJPY - Long or Short
UJ didn't fall to the previous demand level I marked up but it's just created another one which looks equally as good. There's a supply level up ahead too. So I'll be watching that as well for a short.
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