MAY 31 – JUNE 5 WATCH LIST




AUDUSD: Time To Sell?

Will be looking to sell if 0.66823 resistance holds.

AUDJPY: Are The Bulls Done?

Would like to see one more push up. Possible we could see a retest of the large QP 72.500.

EURAUD: Descending Channel Breakout. Buy After The Correction

Looking to buy after the correction. Would like to see price drop down to the buy zone or to retest the small QP 1.66250 which is right above the 50 fib. Look for some bullish PA around those levels.

EURNZD: Ready For The Next Bull Run?

Price retested trend line which has a 50 fib confluence. Would like to see one more small push down to create a false break, giving us a nice entry to go long.

GBPUSD: Ascending Channel. Looking For That 3rd Touch

Look to sell after the 3rd touch. Wait for some bearish PA around the sell zone to confirm.

CADJPY: Ascending Channel

Would like to see one more push up, which would create some bearish divergence. Look for some bearish PA around the sell zone or channel resistance.

Huge bearish flag on the daily
Updated: May 31, 2020 — 2:05 pm

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