USDCAD long opportunity, potential head and shoulders. strengthening USD and seasonal oil decline... looking for a favorable entry or "next higher low"
EURJPY bears bounced back quickly on friday. Looking to make it's second lower low to confirm a reversal in trend. Little to risk here, with SL being placed slightly above friday's high. remember never risk more than 2% of an account.
USDJPY
is set up to prove it true direction this week. Look for a break of it's current zone and strong movement. Higher High will need to be made to confirm the continuation of the uptrend. A Lower low with retest will signal the reversal. with NFP news on friday, i wouldn't be surprised if market consolidates until then -_- BUT hoping for the best. ALWAYS wait...