During the last hours we've seen a sharp rise in the USD strength
which is confirmed by the underlying trading volume as well
and in FX Trend we can see that most of the majors provide a clear trend setup
So let's check those with the perfect lineup first.
AUDUSD provides a perfect setup in all aspects (Trend, Power, Volume and Support/Resistance) - clear SELL
NZDUSD provides an almost perfect setup but there is a support level right in front a possible SELL trade - better wait
USDCAD provides a perfect setup as well - clear BUY
Now let's check the other majors as well
EURUSD is ranging because the EUR is not weak enough in terms of Power and Volume plus there are support levels ahead
GBPUSD is not clear enough in terms of Power and Volume yet but worth to keep it on the watch list
On USDCHF we see that the CHF it's still a very strong currency but the long volume ratio is going down - wait
USDJPY is ranging, provides an unclear setup in terms of Power and many heavy resistance levels ahead
Please keep in mind that if the majors are moving their cross pairs do as well.
So I'm sure you'll find interesting setups on other AUD and CAD pairs too.
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