Talking Points
- Weekly DailyFX Scalp Webinar archive covering featured setups
- Updated targets & invalidation levels
- Event Risk on Tap This Week
GBPUSD 30min
Notes: Sterling broke through the 1.5528/30 level discussed today with the rally now testing the upper MLP confluence into 1.56 –Key interim resistance & bearish invalidation.
AUDUSD 30min
Notes: A defense of the former upper MLP as support alongside a resistance trigger breach in RSI sparked a rally back into the weekly opening range highs / the ML. Outlook remains constructive while above 7354 with a break sub 7300 needed to shift the focus back to the short-side. Resistance objectives at 7427 backed by 7468/74
For updates on these scalps and more setups throughout the week subscribe to SB Trade Desk
Key Data Releases this Week
Other Setups in Play:
- GBPUSD Levels to Know Ahead of BoE, NFPs - Key Resistance at 1.57
- AUDUSD Rebound Faces Initial Hurdle- Longs Scalps favored above 7365
- NZDUSD Breakout or Fake-Out? Key Levels to Know Ahead of FOMC, US GDP
- Webinar: Key USD Scalp Levels For Month End- GBP Crosses in Focus
- GBPJPY Defends Monthly Open- Weekly Range Break to Validate Long Bias
---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
Join Michael for Live Scalping Webinars on Mondays on DailyFX at 12:30 GMT (8:30ET)
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