Good morning traders,
My today's choice is a long USDJPY. Yesterday I commented I was expecting some sort of correction in the pair -that indeed happened-. Now what I expect is a retest of the next psychological level.
Along with this, I expect a retest and above of the next psychological level on the NZDUSD that is inside an ascending triangle in the 4H chart.
The no-brainer collateral trade is a long NZDJPY that is trying to break the double-top in the 1H chart to turn it into a triple-top formation.
Dukascopy Trader's blog
Trade safe!
Alberto Alvarado
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