Monday’s low volume didn’t really create much difference in the watchlist. The larger consolidation ranges have held and I’m watching those for my cue.
Particularly in the EUR/USD, GBP/JPY, GBP/USD and the USD/CAD. I like the u/cad the best though. Long wicks on the daily chart that form a nice triple to on the hourly with clean S/R levels.
What are you watching/trading today?
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Wow, seems the underlying market dynamics have changed a little again – EUR/USD at 6 week highs, Aussie up, Gold/Silver down.
I was also watching the loonie – long on the harmonic near the tripple bottom before stopped out, and reversed on momentum trade. Also nice how it retraced a little before closing below the uptrend-line, would have been opportunity to enter/add-on. No worries, still in, lots of follow-thru on that news… let’s see where it goes.