SDtrader3

SDtrader3

The downward trend of AUDUSD has reach a Monthly Demand Level. Price might bounces up until it reaches the resistance level (red horizontal line).

SDtrader3

In weekly chart - NZDJPY has already tested the supply level. In order to lower my risk in entering this trade, zoom in to 3hr chart.

SDtrader3

Zoom in to 3HR Chart . You will notice a very clear supply level. Put sell limit there for low risk entry.