TGIF Traders,
Let’s hit the charts before we hit the street traders.
1. EUR/USD
EUR/USD on the daily chart is finally crawling out of the consolidation band.
Before we get too excited about it, let’s see how the daily candlestick closes. If we still get a bearish closed candlestick, we could be seeing price hit the next possible support level (N.P.S.L) before the close of business.
2. AUD/USD
The AUD/USD is already showing signs of weakened buyers. We could be seeing a reversal as the weekend approaches.
If price closes with the tweezer tops on the daily chart, we most likely would be seeing sellers gradually stepping into the market.
If the Bears are strong enough, price could reach the next possible support level (0.66844) before the close of the market.
That’s all for today folks, thank you for hanging around all through the week and wishing you all a lovely weekend.
