Hello traders,
lets hit the charts:
1. EUR/USD
Price on the EUR/USD is at a key resistance zone.
The last time we saw price hit this level was around May 2022. Judging from the higher lows and candlestick patterns formed, we may see price break the current resistance zone and head to the next possible resistance level (1.09855)
However, before the possible breakout, we may see price flirt with the minor support level (1.06335)
2. XAU/USD (GOLD)
Gold almost share similarities with the EUR/USD in structure.
We can already see Gold making that bold step above the key resistance zone. There is a huge possibility that price next bus stop is 1910.68
What say you?
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