[Week 13 - 2020] Trades Recap and Trade Setups

Updated: Sep 20, 2022

Good day Trainee Traders,

Last week post I talked about the US dollar possibly retracing or reversal and the analysis was spot on. This week I am expecting more USD weakness.

Trade Recap

USD/CAD

Descending triangle breakout below

Support turned Resistance reversal

Trade Setup

USD/JPY

Downtrend confirmation.

Awaiting for retest at level 108.32 or 109

AUD/USD

Awaiting retest at trendline and resistance turned support level @ 0.60765

That is all for this week. Trade safe!

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