AUD / NZD has formed a strong resistance in the area between 1.1000 and 1.0980 in the month of January .. now it has finally been broken, therefore from the forex manual, we wait for the retracement for a possible rebound on 0.11% support and aim to complete the 'ABCD!
USD / SEK That has always given us great satisfaction, slams on a Daily resistance, where we can see the completion of a bullish BAT! From strategy we do not enter the market on Friday, but we wait for post-weekend movements!
USD / TRY is trapped in a bearish channel, after breaking an area that has been strongly supportive previously, it has resumed its strength by retesting the breakout zone. Based on one of our trend continuation strategies, we place a limit order on the 3.54% retracement 50 of the AB leg which falls precisely on the PRZ. Always 3 mechanical levels of TP:
- Minimum ...