USDCAD 1Hr analysis
We can see through the correlation that AUD is weak . On the chart we see that price break bellow yesterday's low. The volume is there. i would like to see deep pullback to the resistance and retest it. if there is a reject, the price will try to make new Low Low.
After strong breakout now we see slow pullback. On small timeframe we received confirmation that the price will reverse me will try to make new high high.
2.76 RRR which make this trade great opportunity
This is opportunity for quick trade. I expect the price to try and make new low low. Before that we need to wait the pullback to be over and receive confirmation to execute a trade.
SL and TP provided
EURJPY 4H Short
We are monitoring this pair. We are expecting the price to go short. Let’s see if we will receive confirmation to trigger a trade.
Follow us for TP and SL
For next week we will be looking to trade this pair as clear breakout happened. Now we monitoring the pullback and waiting confirmation to enter the trade.
