Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/AUD reversed from support zone
2019-11-11 • Updated
- EUR/AUD reversed from support zone
- Next buy target - 1.5760
EUR/AUD continues to rise inside the sharp minor impulse wave (iii) – which recently reversed up from the support area lying between the key support level 1.5500 (which stopped the previous minor correction ii), upper trendline of the recently broken daily up channel from September (acting as support after it was broken earlier) and the 38.2% Fibonacci correction of the previous impulse (i). EUR/AUD is expected to rise to the next buy target at the next resistance level 1.5760 (top of the impulse (i)).
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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...
