Be Bearish Euro and Australian Dollars on Bounces for Next Week

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Trades are structured with consideration to current wave structure in risk. For the next few days, I'm likely to be bearish on rallies. The following charts outline risk management levels (red is resistance, blue is support, black in interim levels to consider). I favor shorts on rallies in the AUDUSD and AUDJPY into resistance.

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THE MARKET(S) a.k.a. RISK SNAPSHOT - 60 Minute Closes


Prepared by Jamie Saettele, CMT

SPX 500 - 60 Minute Bars


Prepared by Jamie Saettele, CMT

EURUSD - 60 Minute Bars


Prepared by Jamie Saettele, CMT

EURJPY - 60 Minute Bars


Prepared by Jamie Saettele, CMT

AUDUSD - 60 Minute Bars


Prepared by Jamie Saettele, CMT

AUDJPY - 60 Minute Bars


Prepared by Jamie Saettele, CMT

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