Hello Naked Traders.
Here below you can read my usual price action anaysis for the week ahead.
Eur/Usd in the last trading week has pushed up strongly continuing the bullish momentum. For the next week I will wait for a pullbak that may find support at 1.3470 or 1.3380 . In this area I would like to see one of my price action naked signals to get with the bullish up trend.
Aud/Usd has lost ground by making a bearish movement started from the resistance level just below 1.0600 . For the next week I will watch the pair because if price keep going down into support areas 1.0300 /1.0350 and showed a good price action signal could be a good trading opportunity.
Eur/Cad has found resistance at 1.3700. I usually don’t work against trend and then for the next week I will wait for a pullback into 1.3450 area. On this level and only if the market will show me a good trading opportunity it could be nice to join this strong bullish trend.
It’s all for today!
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