Tips & Tricks
Morsalin Khan

NZDJPY New idea

NZDJPY decelerated and dropped from the resistance in the ascending channel. Price broke and closed below the 90.000 psychological level. The market pulled back to retest it. I expect a bearish move since the price has already dropped from this level several times.

Tips & Tricks
Morsalin Khan

EURAUD New idea

EURAUD is creating a potential head-and-shoulder pattern at the resistance level. The market is losing momentum while approaching resistance and dynamic resistance. Price essentially made a false breakout of the resistance indication that bulls run out of steam. I expect 50% retracement and a test of the support.

Popular Category

Advertisement