Good day Trainee Traders,
I am seeing some optimism in the market as the indices edges higher but still within the consolidation range. USOil has a decent recovery as well as we are near the final notice date.
S&P500

Trade Recap
Last week, we talked about GBPJPY as we are looking for a short opportunity but it did not present it self but instead showed a more bullish signal.
GBP/JPY (previous post)

GBP/JPY (last week)

GBP/CHF

Reasons:
Double top formation with retest
Trade Setup
AUD/JPY

Reason:
Break of rising wedge towards the downside with retest
Looking for a rejection at resistance area
That is all for this week post. Trade safe but most importantly stay safe all!
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