Morning Analysis - 07/03/2022
Good morning traders, Hope everyone had a wonderful weekend.
Are we ready for another week of trading?
GBP has started to breakout of structure now and had a very convincing bear run, we seem to be pulling back now.
USD/CAD has broken back into consolidation. However, with the rejection from resistance and GBP starting to pullback we could see USD/CAD continue back down to support.
I have traded a break and retest from a key level on the M15 and I am expecting momentum to continue now we are starting to see cross USD pairs begin to move to the upside.
What are your thoughts on this and what are you looking to trade for the day?
Let me know in the comments below.
Are we ready for another week of trading?
GBP has started to breakout of structure now and had a very convincing bear run, we seem to be pulling back now.
USD/CAD has broken back into consolidation. However, with the rejection from resistance and GBP starting to pullback we could see USD/CAD continue back down to support.
I have traded a break and retest from a key level on the M15 and I am expecting momentum to continue now we are starting to see cross USD pairs begin to move to the upside.
What are your thoughts on this and what are you looking to trade for the day?
Let me know in the comments below.
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