Weekly Price Action Setups & Trade Ideas | Jun 2 - Jun 7

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Chris Capre’s live open price action and ichimoku trades: EURUSD, GBPUSD, AUDJPY, EURJPY, EURCZK, EU50

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EURJPY – Strong Weekly Close Below LT Key Support, Now Resistance (Weekly chart)

Price Action Context

The potential strong weekly close below the LT key resistance zone we hinted about in our mid-week commentary manifested and we can consider this zone fully cleared at this point.

Trending Analysis

LT bias is bearish and bears can look for potential shorting opportunities on pullbacks towards the weekly zone, alternatively look for …

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