Hey Traders,
Let’s quickly hit the charts, there are some trades for our swing traders.
1. AUD/CAD
Price on the AUD/CAD is resting on a very important support level (0.97124)
There is a possibility that price may breakout and hit the next support level (0.96186) as the general outlook is bearish.
But like I earlier said, it may not happen this week.
2. AUD/NZD
AUD/NZD is another strong bearish pair that will most likely play out in the long run
All we need is price breaking out of support level 1.05708. If that happens and we do get a confirmation, our next bus top will most likely be 1.04250
Also, keep in mind that price could revisit resistance level 1.06834 before starting its bearish move.
What say you?
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