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How to trade this forex market price gap ?

May 5, 2019 by Investor

As we know, on Sunday 18. March, on several currency pairs we can see huge gap. From example USDJPY went down more than 100 pips and EURUSD from 1.306 went down to 1.288.

Alejandro Zambrano using multi timeframe analysis will show you in video below that we need to follow current trend :

We can see that EURUSD is in bearish mode since 1.37, last couple months and we can wait for 1.302-1.305 for another sell position.
GBPUSD is simmilary story but this pair is little stronger that EURUSD.

EURUSD – short term bullish points 1.297, 1.3035, 1.306, 1.31.For me this levels are good for selling.
AUDUSD levels : 1.045, 1.0415, 1.0385, 1.0345, 1.0315, 1.0292, 1.027
GBPUSD : 1.485, 1.492, 1.497, 1.5015, 1.506, 1.512, 1.515, 1.52, 1.5225, 1.526
USDCAD (bullish) buy position suggestion : 1.008, 1.01, 1.015, 1.018, 1.0218, 1.0255, 1.0285, 1.0326

See Michael Boutros scalping report :

Related posts:

  1. Forex trading ideas in April 2013
  2. Forex trading Market Gaps
  3. Why should you Trade Currencies and become forex trader ?
  4. The Six Order Types in the Forex Market
  5. How to manage risk and trade in forex market – Angus Campbell Senior Market Commentator for FxPro
  6. How to trade in forex market during the summer ?
  7. How to Trade Currency on the Forex Market?
  8. When Should You Trade so Forex Market Responds Best To Your Trading System

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