NAS100 is about to get in corrective phase. We have 2 possible scenarios that we looking at. A possible 3rd touch with a rejection ( multi touch confirmation)on the trendline could possibly mean we should be looking for SELL opportunities. However, should price break above the trendline impulsively, then we should be looking at the buys. However, my best bet is...
Possible scenario on AUDUSD. Though price could also break to the downside
Take profit should be moved to 7819.70
NAS100 has showen a very strong bearish movement the past week and has also reached it lowest point. For the next coming weeks we should be expecting nas100 to continue with its overall movement which is bullish.
Expecting EURGBP to breakout, come back for a retest then shoot all the up