EUR/USD
EUR/USD moved up agressively today after forming an intraday 4hrs pinbar at the 1.3200 key support zone.In yesterday commentary we made mentioned of the next strong directional bias is going to depend on the price action outlook at the key support zone of 1.3200 areas.Given today price action outlook our bias is more bullish now, so we are looking for any rotation back to the EMAS zone for a bullish setup to join the bullish train.The next resistance zone is around 1.3400 zone.
4hrs Chart
EUR/USD moved up agressively today after forming an intraday 4hrs pinbar at the 1.3200 key support zone.In yesterday commentary we made mentioned of the next strong directional bias is going to depend on the price action outlook at the key support zone of 1.3200 areas.Given today price action outlook our bias is more bullish now, so we are looking for any rotation back to the EMAS zone for a bullish setup to join the bullish train.The next resistance zone is around 1.3400 zone.
4hrs Chart
DAILY CHART
GBP/USD
GBP/USD aggresively moved up today by breaking through the 1.5600 resistance zone we mentioned few days ago.It closed above this key resistance area given us a clue of retesting the next resistance zone of 1.5752 resistance area.We expected a rotation to retest the reisistance zone where we can look for bullish set up to join the bullish momentum.
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