In my latest chart analysis post, I highlighted this area as a potential reversal zone, or at least an upside barrier for the USDJPY.
Following my prior trade setup on the Canadian dollar, I see a possible opportunity to long a another commodity currency.
Welcome Back! Long time! Happy to have you again.
I am starting with two bearish trade setups on the GBPUSD and the EURAUD. Lets dig into the charts.