CAPITAL_Trading

CAPITAL_Trading

We are still in overall bearish trend on the pair. Next week we could see one more retest of 1.14350ish zone. Alongside the S/R Zone we have Resistance Trendline and H4 EMA 50 as another confluence factor. Putting all of this together if we see this area holding as resistance, we could go short aiming 1.13

CAPITAL_Trading Updated 

During Asian last night NZD broke through another S/R Zone of interest. We are looking for retest of that zone and trend continuation (pattern) till next zone. There are USD GDP numbers coming out later today, so be careful with trades.

CAPITAL_Trading Updated 

If this pair makes pullback to the last broken Support Zone, will go down towards next important support (where is S/R Zone + Support Trendline). If we see that zone broken & retested, we are open for more downside on the pair all towards this year lows at around 0.6315

CAPITAL_Trading Updated 

Sterling broke it's support zone and it's retesting it right now. We want to short the pullback now.

CAPITAL_Trading

EURUSD is giving us nice opportunity to short the pair on retest of broken support zone. EUR has gone up last Friday on positive Brexit comments, but as long as previous support acts as resistance, we are still in bearish territory. Good Luck with the trade!