EUR/USD rotate lower today as we anticipated in our yesterday market update.To reinforce our bearish bias, we have to wait patiently for price action development around key zone of 1.3120.
GBP/USD rotate lower today as anticipated by our previous day analysis.The 50% retracement setup work out perfectly today thereby given us a probability of strong bearish momentum in the offing.The pair succeeded in closing below the support level at 1.6177.Next week we will look out for intraday setups to support our bearish bias in the near term.
AUD/USD dropped the clanger today.We are anticipating rotation to 1.0367 zone and a possible retracement to 1.457 zone for a possible bearish set up to join the near term bearish momentum
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