Overview of trading ideas in major currency pairs on 16.04.2020

Hello. Below are a few recommendations for trading in the Forex market on 16.04.2020


On AUDUSD price formed a pattern of Absorption. In the sales pattern I would not jump from the bottom level 0,6300, and the level 0,6500 never came. Likely downward movement correction, and expect predlzenie growth rates. Transactions here do not consider, as no obvious signals.


On GBPJPY pair price obviously not allowed above the level 135,38. Price Action patterns here are not painted, but it seems worth it to wait for the resumption of falling prices. Take a look here to sales, and watch the signals inside day on lower time frames.

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