Fxnoise

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the trend is up

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Buyers should come in at cheaper prices

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Look for prices to test highs again

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Could not hold lower going back up

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looking for resistance at near 1.179 area back down to 1.17 area then to a 1.17 45 area then to push market down to test 1.162 Happy trading

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Excepting a reversal short are in a weak position

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Daytrade buyer holding up the 1.1660 area can be volatile on news buying the dips seen as best game plan

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Pattern idea

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Could be making reversal pattern

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Trending pattern

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Looking for resistance

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possible outcome gave back days losses

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Bigger opportunity is buying oil at 45-47 level target 60 for winter. As more energy will be used in winter then summer, less solar energy in winter. opec provider will support higher price dollar weakness trend oil higher Downside risk stocks market might sell off lead to risk aversion Bad economic data lead to slowing economic projections

Fxnoise

$gbpjpy corrective 141 support 144 resistance usdjpy 1.0880 support 1.1000 resistance

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$Audusd 78 support 82 target 350pips $usdcad resistance 1.27-1.28 target 1.24 350pips Dollar weakness commodities currency will generally be stronger

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Gold looks overbought here run up to far 1st target is 1275 then 1250 risk perception will calm down

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Oversold condition Risk factor dollar looks very weak comfirm support with price action at 109 area

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strong break needed