Forex Trade Set Ups - 9th July 2024

Author

Mark Freeman
July 09, 2024

Trade Set Ups - 9th July 2024

All Trade Set Ups Are Analysed Using 1hour, 4hour & 1 Day Time Frame

In this email:

  • GBP/AUD

  • MXN/JPY

GBP/AUD Set Ups 💰

1-hour, 4-hour, and daily charts all show a strong downtrend with this pair right now. Price is below the 180 and 15-period moving averages on each chart which is also bearish. Add to that a RSI under 50, & a MACD below the signal line & we’ve got serious bearish momentum.

GBP/AUD has broken below the 180 & 15 period moving averages for bearish momentum

Trading Plan

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