Forex charts to watch…Major pairs with setups I expect to see

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The USD fell in the US session as share markets rallied hard for the end of month window dressing. I am expecting to see the USD bounce with support coming from the interest rate narrative. I have marked up the major FX pairs for trades I am looking for and the price action I want to see first.

The Charts are all 30 Minute time periods.

Aussie interest rates are out at 2:30pm AEDT today so we should see some increased volatility after the release. I expect that the RBA will give a ‘closer’ timeline for rate rises and bring it forward from 2023 to this year. If so, expecting to see a flush lower to clear out some buyers before a ramp higher.



The Euro spiked higher and is extended so will be looking for a lower high to hold for a short scalp.


The Pound has retested the 1.3440 area so expecting to see selling pressure build for a short.


Expecting a flush lower in the USDJPY but any USD strength may negate this move.

Do you have a comment...okay, lets hear it!!