If you see the long Bullish candle in H4. It is reversal sign.
AUDNZD movement seems to be manipulated since GDP had published on 12/3/2019 PDT.
It may take long time to wait the reveral, because there are too many Buyers with SL. No matter expert trader or beginners.. I believe 95% are under BUY mode. 5% is SELL mode...
There is pending a big news with...
Typically, USD is strong on NOV and DEC,
Because there are many holiday season like ThanksGiving, Christmas and Black Friday....
All of them are big profit for Retailers....in USA.
But.. AUD will be so weak, because China has no holiday....for making money for Retailers.
TRADINGVIEW posted many people that bet Long Position.
I think Inter Bank recognized this position like strong support line. Inter Bank want to get all of Buyer's money..
Now, I realized the weekly candle and H4 candle. It is manipulated movement by Inter Bank.
I think It will be drop 150 pips more from this last price(0.891041). TP : 0.885xx.
AUDUSD will be retrace soon based on Monthly Chart. It means Finally it will be up.. also.. it is so good time to buy.
But it is expected a little more drop to 0.705X area.. worst.. 0.703x(but it is hardly). So, just recommend Buylimit 0.705 area
Buy limit : 0.70548
SL : 0.703
TP : 0.725
AUDNZD is showed strong DownTrend. Today, there is RBA report. I think it will be strong UP or Down.
Monthly : Range Market (It is good time to retrace for UP)
1 Day : Stoch is showed... down to a little bit .
4HR : Stoch is showed.. Oversold. It is good time to BUY.
I just recommend BUY. because it is better Buy than SELL.
Entery : 1.03869
USDCAD = Uptrend Channel, but it will be pull back to hit the bottom of the support trend line.
H4 = SELL TP : 1.31183 SL : 1.33765
Pending BUY Order :
Entry : 1.31190
TP1 : 1.32396
TP2 : 1.33765
I think EURUSD is down too much. I think it will be started retracement.
I have attached next market my idea.
Also, nextweek there are many events for USA.
I hope EURUSD retrace to 1.136, 1.140, 1.144.
I will sell on 1.140 and 1.144. .. but I did buy with1 lot with 1.136. Let see how it is moving....
Have a great weekend.
I am sure the EURUSD will be down, because it hit the top of the Range Market in H4. My chart was drawn from Daily, Weekly, and Monthly.
Lets I think it will be down 1.139 or 1.132 area.
1. UK will be done the Brexit at 03/29/2019 without Any Negotication with EU.
2. EU will loose one of the richest countries ==> German / French / UK ==> but UK will be...