Price tap into Nov 2020 low, an important demand zone and interesting POI. Going into next-week trading session, will be scoping for a buy position into 1.055 as 1st TP and 1.066 as 2nd TP respectively. On 4HR TF price is currently consolidating with a spike above 1.051, thus a breakout is inevitable. Good luck!
Bearish pressure still active on EUR/GBP. With yesterday candle stick close below major Psych level 0.85. Expecting a retest back to this zone and then take a short trade with 1st Target at 0.84 and 2nd target at 0.83 respectively. Good luck!
Price already making bullish structure and confluence for trend shift towards the upside in place.
EUR/AUD reached a major support level 1.52 - 1.53. A pivotal zone for the pair as price action haven't break below since 2018. Technically on a DAILY TF, price is consistently creating HH & HL gearing up for that big push up to the upside to a psy level 1.6 and i will be monitoring this closely for a long position next week. Validation - Daily closure above...
Price approaching potential POI at 132.00 Will be looking for a short to 129.316 with 1st TP at 130.500.