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They say the trend is your friend until the bend at the end! Should I go with the flow on these short-term plays on AUD/USD, USD/CAD, and NZD/USD?
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The Aussie has been taking one punch after another, with downbeat Chinese data and disappointing wage figures. Is AUD/CAD in for a breakdown?
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It’s make-or-break time for AUD/USD, NZD/USD, and USD/CAD this week as the pairs are testing significant correction levels for their ongoing trends. Take a look!
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With crude oil on a tear and the Canadian economy printing one strong report after another, I’m gonna switch to a long Loonie bias with this CAD/CHF breakout play.
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It’s all about trends and corrections this week, so I’m planning on going with the flow on these setups on AUD/USD, USD/CAD, and NZD/USD. Take a look!
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This pair just broke out of its inverse head and shoulders pattern to confirm a reversal, but the upcoming BOE decision could still trigger a pullback.
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I’m zooming back out to the longer-term time frames of AUD/USD, USD/CAD, and NZD/USD since these pairs are testing key inflection points.
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I may have missed my short NZD/USD trade but I’m not giving up on my bearish Kiwi bias! Here’s where I wanna enter on EUR/NZD.
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Since we’re seeing stronger moves these days, I’m turning my attention to the longer-term charts of AUD/USD, NZD/USD, and USD/CAD.
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Ugh, faked out! I thought I saw enough bullish momentum to classify as an upside break, but the pair still made another test of the triangle support.
Read MoreDon’t wish it were easier. Wish you were better.Jim Rohn