Week 13 - 2020. Trades review and trade set ups
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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