Good day traders,
We have finally gotten to the last day of the week. Tricky Friday it is…, however, let’s see how much we could squeeze out of the market on the last trading day of the month.
Let’s hit the charts.
1. AUD/USD
AUD/USD was analysed on our weekly analysis
Currently, the AUD/USD has started its bearish move after yesterday’s bearish pin-bar.
Its Friday already, and if we are lucky, price should hit level 0.71476 before market closes. Alternatively, for those interested in selling this pair, patience would be required as we may most likely see the bears take price to level 0.70974 next week.
2. NZD/USD
A key breakout from support level 0.66302 after the close of the 2 pm candlestick occurred.
This was after an ascending resistance level breakout with the close of the 10 am candlestick.
Both breakouts signify a strong bearish market. This breakouts may most likely send price below level 0.65918 before the close the market.
Do have a great day ahead and an awesome weekend. See you guys over the weekend on our weekly market analysis.
