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Morning coffee on wall Street 6.03.2018

Hello. others will have a few recommendations for trading in the Forex market on 6.03.2018

USDJPY

On USDJPY pair rebounded from the level of 105,500 and formed a pattern of Rails. As we can see the statistics of the deals we see are all in sales, and going down is clearly not profitable. Probably again go to of 107.00, and then will try to continue the trend down. Transactions here do not consider, as buying against the trend.

EURAUD

On the pair EURAUD formed a pattern Doji. Pattern hanging in the air without any support. But maybe go to a small correction back to the broken level 1,5742. And from level, you can look for Price Action signals to buy.

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