LONDON OPEN - Roundup

The JPY weakened overnight sharply.

Last week's AUDUSD MTFM Long set-up still has not been invalidated as the low has not been broken yet. In fact this morning there was another Long-set up with the 4 hour bar closing at 5am London time.

There have been some good long entries overnight on the 15 minute chart:

There is not much momentum there over the past few days, but we are close to a multi-year low, which was tested again this morning. There may be a double bottom formation.