fx_007

fx_007

USDX (DXY) bias is bullish hence why the view for USD pairs will be bullish USDCAD 1. Cyclicity forming with price action retracing back to trendline. 2. Price also around the horizontal zone 3. Wait price action to retrace back to trendline to go long 4. Only enter on strong price action with SL below trendline.

fx_007

NZDJPY 1. Uptrend support from OCT'16 has been broken and now at retest level 2. Price is currently at horizontal resistance zone. 3. Re-test point is currently testing 50% fib level 4. Price action looking weak for bulls and looking like bears will take control soon.