Hello Price Action Traders.
Eur/Usd has formed two inside days last week. It’s clearly visible from the daily chart the resistance levels at 1.2900/1.3000 and for next week I will wait for some price action opportunity at 1.2950 area because here you might have some good short opportunities with price action trading signals that can confirm my vision. The primary support level is at 1.2650.
Eur/Jpy remains just above the key support area 120.00. In the past few days my forex trading strategy confirms my bullish vision because price has formed a price action signal with a clear false break of 120.00 that could push prices upward if bullish break of 121.00 happen. The target is the 124.00 resistance level.
Nzd/Usd, after testing the support at 0.8200 went upward strongly. This market offers one of my favourite price action trading signals and give an excellent trading opportunity that confirms my long vision if price will break the last days high. The target profit are the previous resistance levels as you see very well from the daily chart below.
It’s all for today!
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