If you are interested in Price Action Strategy description, you can read it here.
AUD/JPY
For the 3rd time, currency pair is moving below the resistance and maybe it would finally provide short opportunities. If rebound and PA signal occur, I will sell the currency pair. From the other hand, if the level breaks and D1 candle closes above, I will look for purchase signal.
AUD/USD
Similar situation here on Aussie. I have one short position here, which currently is around BE. But the broader scenarios are analogical to those one I have described above.
EUR/CAD
Euro to Canadian dollar breaks below the support and pair stays there for 4th session in a row. Every single test may bring an opportunity to open position consistent with the long-term trend.
EUR/USD
Eurodollar also looks bearish. Currency pair breaks another supports and is currently testing resistance. If sell signal occurs I will consider short positions. Small local support may be a little worrying, but the next important level is located 300 pips lower.
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USD/JPY
Dollar strengthening can be seen also on the pair with Japanese yen. USD/JPY successfully broke above resistance and currently tests the level from the other side. If purchase signal occurs (from H4 chart) I will consider long positioning.
