AUDUSD broke recent resistance. See chart below for the discussion that follows.
AUDUSD broke recent resistance as shown on the chart. If the break is valid and price can retest the old resistance as support, plus I get my confirmation in terms of candlesticks I’ll enter long.
The NZDUSD chart looks similar to AUDUSD for a possible long. USDCHF and USDCAD broke recent support, and look interesting for possible shorts. I’ll be watching all of them.
Remember to always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Honor those stops and never bet the farm.
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Trading SOS SOS