I'm still in sell position from yesterday.
The price grab liquidity from weekly candle, yesterday grab previous daily high and we have impulse from 09 May without any correction.
I think is time to see some deep correction with 1st TP at 1H zone around 1.26500
Longterm TP around 1.26000
What do you think?
Traders right now I watch very closely AUDUSD for potential reversal with new impulse.
Now we are in correction and it's look like one more drop coming to 0.65365
This level is also 61.8% on Daily timeframe which is very strong support level.
We also have 1H buy zone on that level so it's very, very possible to see drop - liquidity grab and nice bullish formation...
TECHNICAL
EURUSD is on very good buy zone for day trading.
We have impulse and nice slow correction to the zone.
Daily timeframe looks bullish too with 3 days slow move for correction.
On 4H timeframe this zone is very good support.
If the price form candle formation buy position will be great.
TP1 at 1.07880
TP 2 at 1.08126
Good luck to everyone
TECHNICAL
AUDUSD Show potential for buy.
Right now the price fill the imbalance and is very close to 1H zone.
It's very important to wait for candle confirmation before jump in.
1st TP at 0.66177
2nd TP at 0.66496
Good Luck
FUNDAMENTAL
RBA keeps rates steady /strong AUD/
USD rate cuts on the table /weak USD/
