AUDNZD
Pair decreased below key support, tested it from below and now we can look for an opportunity to open short position. On H4 chart Inside Bar was created and we have 2 possibilities:
- Break above and going back to mother candle range, then we can open short position with market price and SL above the candle.
- Break below and lose below mother candle range. We can open position with market price and SL above the signal candle.
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GBPAUD
Pair tested resistance area but didn’t give sell signal. We just have to watch price behaviour and if there will be any PA sell signal we can consider opening short position. However if price will break above resistance and close over there I will look for longs.
USDCAD
Loonie reached interesting place. Really strong resistance, test of it should end with rebound and decreases. It is worth to watch this level.
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