In this trade the support zone highlighted by the purple box is turned to be a resistance and being retested by the price so would expect a decline and price will drop. TP1, TP2 and stop loss levels are highlighted. Enter on your own responsibility! Trade carefully!
EUR/AUD is hitting the rising trend EurAUD buy @ 1.6375 TP 1.6425 SL 1.6437
EURJPY is retesting a broken down trend and hence a rising movement is expected. Buy @ 120.255 TP1: 121.00 TP2: 122.70 SL: 119.00
We can see a nice opportunity for AUD/USD since it is approaching a strong support on 4H time frame in an ascending trend.. so entering this trade will follow the trend. trade is pending until activated when it reaches the entry point. entry / stop and TP levels are indicated on the chart have a nice trading and follow us for more successful trades ;)
it is expected a for NZD/USD to go long this week for some time to hit stop losses of all shot people. later on we will decide if we will go short or no! let's have a look at this idea and monitor NZDUSD this week. Have a nice Trading!