MAY 10 – MAY 15 WATCH LIST

Weekly Watch List
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AUDUSD: Sell After 3rd Touch

Looking for that 3rd touch, but may just retest previous high then drop from there.

NZDUSD: Time To Sell

Wanted to see price retest previous high, but looks like she decided to drop early.

GBPAUD: Are Sellers Still In Control?

Price did manage to close below the major QP 1.90000. We also have some bullish divergence. Need to let this one develop some more.

EURNZD: Headed To Retest Channel Suppport?

Similar to EA. I would like to see price drop down to retest channel support which also has a large QP confluence 1.75000.

EURAUD: Time For A Reversal?

Waiting to see if we get a retest of previous low. We could see buyers step in at this level. A break below 1.65387 would invalidate my bullish bias.

AUDJPY: Buy Or Sell?

There’s 2 scenarios so my initial bias is neutral. We could see a retest of previous high, giving us a nice double top. Waiting to see how price acts to the major QP 70.000. Will this level attract sellers?
With scenario 2, we could get a pull back and a continuation to the upside.
Updated: May 11, 2020 — 9:19 am

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