EUR/USD rotated lower in the earlier session and ended the day by forming an inside bar setup.Given the bullish strenght in this market we presumed the possibility of the inside bar setup resulting in bullish continuation.The break of mother bar high of the inside bar setup will increase the possibility of bullish momentum.
GBP/USD continues its bullish run but failed to break the key resistance level around 15753 zone and therefore closed below. We are sitting on our hand for another 24hrs, anticipating the price action outlook at this zone, as is less risky trading into key resistance zone.
NZD/USD continues its bullish run again today from the pinbar formed yesterday.The next resistance zone is around 0.8162.
NZD/USD continues its bullish run again today from the pinbar formed yesterday.The next resistance zone is around 0.8162.
AUD/USD continues the bullish run today after yesterday pinbar .It ended the day by closing below the key resistance level around 0.9315 zone.We look forward to price action reaction to this zone ,because the EMAS has already crossed signifying change of trend to bullish and also the formation of higher high.
USD/CAD moved lower again today, pair a sizeable loss into NewYork close.We are anticipating retracement to the horizontal resistance zone at 1.0425 which also doubled as dynamic resistance zone which validate as confluence zone.
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