we got weekly trendline and daily support on NZDUSD and am already long on this pair with 40 pips Sl, do use right risk management = 2% per trade and move sl to entry once in 30+ pips profit.
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This pair has been running into Cosolidation since Last Week and it shows bilateral Triangle on H4 TF and am gonna wait for break and confirmation then will be looking to Trade on it, Personally Believe it to fall with DXY correction.
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we have 2 rejection from 1 level of resistance and beakout of trendline and double top,
Expecting a fall, if you find this analysis useful then like and commet ;)
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I personally believe it to fall down, But we have strong Data Expected on Monday next week, so no trade until that time,It's always best to trade on tuesday according to my timezone when market settles.
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EURO DOLLAR has been showing consolidation , on Weekly TF if candle closes above 1.23 then we can expect it to make new HH and which can take EU to 1.28 .
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Seems like GA is forming Double Top , Probably it Can start Downtrend With The Breakout of Triangle and Consolidation period will be over with,
Stick your Eyes for the breakout , If you find this analysis Useful Then like and Comment :)
If Price will break below 108.6 Then it will quickly go into the MAJOR support Region, We may could see Spike with NFP tomorrow.
If broken above the Major TrendLine then we'll be having bullish Trend .
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eurusd has already formed HIgher Highs after Breaking Up the Major Resistance around 1.20900 and Now Before Going To Form a New higher High it will Correct To major Support and then Ready To long but if you see this pair in 1H you will find it has broken then H&S and retested and way to Short .
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