Hello Price Action Traders.
Eur/Usd on Friday, consolidated at 1.3030 after the Pin bar ( one of my forex trading signals ) analyzed here on Thursday giving the ability to price action traders to enter this trade with a nice risk:rewrd scenario. The bearish break of 1.2950 would push the price into 1.2880 support area.
Aud/Usd ends the past week below 1.0350 resistance area giving price action traders short opportunities. There is a clear price action trading signal of my trading method right now so on this market I remain bearish until 1.0180 support.
On Friday, usd/jpy retrace back lower along with the other yen pairs. Usd/Jpy is unable to break up the resistance so, for the week ahead I will look for a price action trading signal on support around 96.00.
It’s all for today!
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