Last week i expect EURUSD reversal on 50 % ( 1.0775) retracement on last swing but on Friday its brake & close above that level. So i expect further upside upto 1.0930 level. This week i am expect 1.0775 & 1.0720 support zone send this pair to upside upto 1.0930 level. we can go short on 1.0930 level. TP 1.0500 If EURUSD daily close below 1.0720 we can go...
Any way RBA Interest rate hold and jobs data beat the the forecast today, Positive datas are helped for Aussie strength but trader are more bearish on Aussie on long term. AUD/USD going through complex corrective wave pattern we expect more downside on the aussie on coming weeks. I am gng to sell the AUSIIE on 0.7740 to 0.7750 level Risk Reward ratios is 1:5
EURUSD on abc corrective pattern on lower time frames. This pair approaching the 50% Retracement of previous swing.
Dollar strength will continue upto FED meeting on April 29.