FFP Weekly Projection (9/27/2020 – 10/3/2020)

AUDJPY: FFP Weekly Projection
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AUDJPY (1h)

⬇️ AUDJPY has been making its way downward, since the end of August 2020, with a semi-clean downtrend for about two weeks.
⬇️ At the beginning of September 2020, Australia officially announced that it has gone into a recession (bad for AUD).

We will be waiting until price breaks past, and retests on, the ~73.967—74.033 zone, at which point we will be looking forward to SELLING.

AUDNZD: FFP Weekly Projection
AUDNZD (4h)

⬇️ AUDNZD has been in a downtrend, since mid-August 2020.
⬇️ At the beginning of September 2020, Australia officially announced that it has gone into a recession (bad for AUD).

We will be waiting until price retraces to, and retests on, or near, the 0.236 zone on the Fibonacci tool (~1.07672), at which point we will be looking forward to SELLING.

EURUSD: FFP Weekly Projection
EURUSD (4h)

⬇️ EURUSD has been making its way downward, for about one week.
⬇️ It seems that we are experiencing a bearish reversal, seeing that price has broken past, and has retested on, the ~1.16867—1.17142 zone, and on the bottom of the Golden Zone of the Fibonacci tool.
⬇️ There are two nice upward rejection candles, at the bottom of the previous resistance zone, signifying a potential downward continuation.

We will be waiting for one of two things, at which point we will be looking forward to SELLING:
1.) Until price breaks past, and retests on, the ~1.16167—1.16386 zone.
2.) Until price retraces back to the 0.768 zone on the Fibonacci tool (~1.16717), with a hard upward rejection.

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