EUR/USD continues it recent up surge on Friday and ended the day by retracing. into the New York close.There was a fakey formed in the 4hrs Time frame which we are looking towards next week for hint.There is a possibility of deeper rotation into the next support zone(1.3412),where will can look out for buying signal to join the uptrend or the break of or close above 1
GBP/USD shorted massively today after failing to get to our ideal retrace zone around 1.5911.We are anticipating the break of the support around 1.5674 to give way for lower price in the main term.Next week we are on the lookout for a bearish set up to join the downtrend.
AUD/USD consolidate on Friday closing slightly below the previous day close.Our bias still remained bearish until we get a close above the horizontal resistance zone around 1.0480.As far as we still get close below this level the probability of bearish outcome is still high in the near term provided we get a setup to solidify our bias.\
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