Highlights from the daily Forex ATI Dashboard report going into Tuesday, 24 April-
Range expansion is anticipated soon for $AUDJPY $NZDJPY $EURGBP of which all experienced on Monday a narrow range of at least 7 days, an inside day, and a doji pattern. Additionally, $CADJPY is also likely to experience range expansion.
Potential structure changes for the following:
Bullish - $EURCAD
Bearish - $AUDCHF $CADCHF
Confirmation utilizing Andersen Bands and other tactical trading tools is suggested for these actionable trades.
Compare this to yesterday's image of the heat map ahead of the market and consider how the top ranked major USD then performed relative to the others via corresponding pairs on Monday.
Additionally, CHF noticeably transitioned away from the worst performer after having been there for quite some time. This was also highlighted as a strong possibility in the ATI Dashboard.
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