Talking Points
Weekly DailyFX Scalp Webinar archive covering featured setups
Updated targets & invalidation levels
Event Riskon Tap This Week
GBPNZD 30min
Notes: GBPNZD failed to break above our near-term bearish invalidation level at 2.3942 and the pair remains vulnerable to further downside while below this threshold. Interim support is eyed at 2.3697-2.3713, backed by 2.3520, 2.3363 & the median-line off the July high.
GBPAUD 30min
Notes: GBPAUD is also setting up its weekly opening range just below resistance with our bearish invalidation level now lowered to the upper median-line parallel extending off last week’s high ~ 2.13. Interim support targets at 2.1122, 2.1076, 2.1012 & the median-line extending off the July high.
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Key Data Releases this Week
Other Setups in Play:
GBPNZD Marks Another Failed Attempt- Short Scalps Favored Sub 2.3942
GBPAUD Putting in a High or Time to Buy?
CADJPY 94.50 – Line in the Sand
Webinar: Battle Lines Drawn- USD Scalp Setups in Focus this Week
GBPUSD Levels to Know Ahead of BoE, NFPs – Key Resistance at 1.57
—Written by Michael Boutros, Currency Strategist with DailyFX
Follow Michaelon Twitter @MBForex,contact him at mboutros@dailyfx.com or Click Here to be added to his email distribution list
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Source: Daily fx