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Aussie dollar has tap into H1 and has rejected aggressively and also creating another FVG which can be used as an entry going short. GBPCAD has rejected from a FVG and I'm looking to take an OTE going longs on the pair after yesterday's trendline liquidity was cleared.
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Quick update on our pairs of interest. Looking for bearish AU and a bullish GCAD. USDJPY giving up reasons for further downward movement.
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Following Friday's COT, the aussie has strong bullish bias by the commercials and we can also see a weak dollar from the same release. What we want to see is price retrace to the 4H order block on Monday and then we get the week's low followed by a bullish push to last week's high as take profit.
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