Yesterday I wrote about the EURUSD and the EURJPY, both of them being in a bearish market condition, the reason both of them triggered a bearish market condition was because they broke the lower extreme of the short term range. Unfortunately both, the EURUSD and the EURJPY entered the range again, so they are at no ones land.
Opportunities for today: I think the most clearest opportunities are the AUDUSD and the NZDUSD, both of them are trading in a bullish market condition and the next LT level is in a moderate distance from where the market is trading right now.
For other currency pairs, I’ll just wait for clearer direction.
How is your trading going?
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