TRENDLINE SUPPORT & RESISTANCE WE CAN HAVE BUY TRADE TO THE NEXT TRENDLINE
AUDCAD BUY TRADE ON FIB PRICE REACHED 71.00% AREA
WE CAN HAVE SELL TRADE HERE BUT WE NEED CONFIRMATION FROM PRICE TO GET DOWN
we can have buy trade on nzdusd with 3 tp
25 EMA CROSS 50 EMA AND WE HAVE UP TREND WITH SUPPORT AND RESISTENCE WE CAN FOLLOW THAT TRADE WITH BUY TRADE
Price is at a major weekly support area first of all. Price pushed on the one hour time frame, has come back to test and looks like it wants to make a push to the upside.
After price spkiked down it immediatly yanked up. NOw price is coming to fill this area before making a move up.
Looking for price to respect this level and make a move to the downside
This pair is in a long term downtrend. This recent move up looks to be a correction before the next move down (as long as the trend continues). Price has rejected and not closed above a previous high.