As you can see here eurusd is following a simple break and retest of a previous support level that was broken. markets are closed right now and always tend to wacky things on re open, if it follows my analysis we may see anywhere from 1 or more pushes to the up side, before continuing the final push to the downside.
G CAD reached a daily support level and i'm curious to see if it will break through this zone and retest before continuing to the downside or pull a reversal and shoot to the upside. no bets placed yet I'll wait to see what it does before getting in on a lower time from after price makes a retest.
just looking at some basic support zones on UJ that I like. Clearly in a downtrend on the 30 min, going to wait for a set up and see if it breaks above and retests for a buy or drops below a previous support for a sell. Only looking for shorts for now as it is in a clear continuation to the downside for now. May 7 2020