In this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves.
Pairs and markets analyzed this week: AUD/USD, NZD/CHF and Gold
AUD/USD moving to the downside from resistance area
As mentioned last week, AUD/USD price moving to the downside. (0,748 target).
NZD/CHF Keep an eye on the 0.684-88 support area
Keep an eye on the 0.684-0.688 support area, watch out for bullish price action and a potential move to the upside from this major zone.
XAU/USD tested a strong support zone (nice pinbar)
Nice bullish price action (pinbar) at strong support area (1241-1251). Potential move to the upside with 1298 target.
Happy Trading
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