EUR/USD fired up a salvo today by blazing through the near term Horizontal Resistances.We are still looking for a bearish setup withing the price frame.A close above the key Resistance zone around 1.3307 will signaled bullish momentum resumption but we are still slightly bearish bias given the price action setup that start the recent bearish momentum.
GBP/USD retraced aggressively today closing below the near term resistance zone around 1.6173.We are keen to seeing a bearish setup within 1.6227- 1.6173.in the near term.Friday closing picture will go a long way to support our bearish bias.
AUD/USD pushed higher today as expected by the pin bar formed last Friday.We are anticipating an aggressive move towards the resistance zone 1.06227 that may lead to formation of a false break.
EUR/AUD is range bound in a short term.We are ready to look for price action setup within the extreme zone of each horizontal levels to trade any given momentum in the near term before any breakout will occur
GBP/USD retraced aggressively today closing below the near term resistance zone around 1.6173.We are keen to seeing a bearish setup within 1.6227- 1.6173.in the near term.Friday closing picture will go a long way to support our bearish bias.
AUD/USD pushed higher today as expected by the pin bar formed last Friday.We are anticipating an aggressive move towards the resistance zone 1.06227 that may lead to formation of a false break.
EUR/AUD is range bound in a short term.We are ready to look for price action setup within the extreme zone of each horizontal levels to trade any given momentum in the near term before any breakout will occur
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