Consolidating Thursday presents us with AUD/USD & NZD/USD

Good day traders,

Today we will be looking at two closely related pairs and see how we can profit from the setups they present us:

 

 

1. AUD/USD

The bulls decided to take a breather today or probably quit all together on the AUD/USD.

The key resistance zone prove a little difficult for the buyers to crack and we are seeing presently is a pullback. Price may hit any of these 3 support levels before the bears get tired.

These levels are:

0.68012

0.67645 and

0.67009

 

 

2. NZD/USD

NZD/USD is a cousin to AUD/USD, so we will most likely be seeing similar moves.

 

What say you?

Traders who are interested in joining our FREE trading group on Telegram, where trade ideas and trade-related topics are discussed, which could assist your trading career while being infected by positive vibes

hit us on Pip Crafters

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)