EUR/USD formed an inside bar today under the key resistance area of 1.3416.We are anticipating a rotation down from this key resistance level given the nature of the region.We look forward to a formation of a fakey in days to come which will solidify our bearish bias on the pair.
GBP/USD continues the consolidation rally today and ended the day by forming a counter trend pin below the key resistance level 1.5752 zone.We sit on our hand for another 24hrs has the next directional momentum remained uncleared
EUR/AUD continues its bullish run today.The recent runs was started by an inside bar setup formed at key support level as depicted in the 4hrs chart below.
EUR/JPY failed to sustained it bullish runs at the earlier session, thereby ending the day with small bearish pinbar. This small bearish pinbar has higher probabilty of kick starting a bearish momentum in the near term.
GBP/USD continues the consolidation rally today and ended the day by forming a counter trend pin below the key resistance level 1.5752 zone.We sit on our hand for another 24hrs has the next directional momentum remained uncleared
EUR/AUD continues its bullish run today.The recent runs was started by an inside bar setup formed at key support level as depicted in the 4hrs chart below.
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