Big news at 7pm for AUD. If the news is worse then forcasted this should be a great look. The pair has already broken past the S/R zone in pink and has retested the zone. It is currently exiting for the lower price range but waiting for consective candlesticks on the 1H or a confirmation candlestick on the 4H. If price exceeds, .9675 we can defintely look for the...
The pair broke my downside trendline and was then restested by touching the backside. The support/ reistance line was broken as well. GBP news at 430am, will check the current status then for entry, if not already executed by buy stop. Take profit at next level of reistance and stop loss place at th candle botton beyond the broken support-resistance line.
OANDA:NZDUSD
SELL.NZDUSD. A break on the support line @ .6890. Then we see the retest which as been form over the past couple of hours. TP: .6830 and SL: .6880 Simple market structure for a downtrend will tell us a Lower Low needs to be formed, surpassing .6845.
