as described in the title, lets short it!
the level was holding firm at 1.295 before breaking lower. Now er are trading at 1.291 at the open of UK new week, we will see the previous support level 1.295 to act as a resistance level.,
AUDCAD 0.996-1 level has been tested many times and failed to break above. strong resistance level!
GBPJPY. Strong Bearish Daily Candle closed below 147, the level which was tested 2 times in the last six months. It will be a high RR trade if it continues to go own and reach another significant support level at 140.
as mentioned in the title, the support level of 0.945 - .95 level was solid since October 2015 until the break we saw in January 2018. Will we see a classic support became resistance, let see!
What we can see here the USDCAD broke 1.26 resistance and retested 1.26 and bounced from 1.26. Trading at 1.26737 as we speak. SL1.259 TP1 1.28 TP2 1.288
EURAUD has been trading within the range between 1.565 - 1.58. curently trading at 1.5776, lets see if we could see it come back to 1.565 level
NZDUSD. WE will see what happens in the next couple of days. If it breaks the trendline, we will expect this pair to go up to 0.74 level. If the support fails to holdm 0.72 will be our next destination.