Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/AUD reversed from resistance zone
2021-11-11 • Updated
- EUR/AUD reversed from resistance zone
- Next sell target - 1.3880
EUR/AUD recently reversed down from the resistance zone lying at the intersection of the resistance level 1.4300 (top of the previous minor correction (ii) from February), upper daily Bollinger Band and the resistance trendline of the wide daily down channel from last year. The downward reversal from this resistance zone created the daily Japanese candlesticks reversal pattern Shooing Star.
EUR/AUD expected to fall to the next sell target at the support level 1.3880 (which has been reversing the price from the start of this month, as can be seen below).
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WTT: Currency Pairs To Trade In April
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
