USDCAD has been pushing down for several days now after forming a swing high and stop hunt. the pair has already retested the breaker once, however, I am waiting in anticipation of it being retested a second time before continuing further to the downside. Take profit is set at the relevant swing low and Stop loss is placed above the stop hunt.
EURUSD has been pushing up today, potentialy to create the weekly high to short further. If this is the case I am looking for the pair to retest one of the zones marked out to reverse and short down. Our 50% retracement level does sit nicely with the higher of the two zones.
I have entered a USDJPY long position after a break of august monthly low back inside the range on our four-hour charts. from this, we have seen a retest of the level 105.20 for the pair to potentially push up further.
