Hello Traders,
Another Thursday is at our doorstep.
Let’s head to our charts
1. AUD/USD
On the 4 hours chart, AUD/USD has a price breakout on support level 0.71250.
Looking at the daily chart, we may most likely be seeing a reversal at a key resistance level 0.71752. If the 10 pm candlestick confirms the daily reversal, we may be looking at 0.70677 as the next possible support level.
2. EUR/USD
EUR/USD on the daily chart has an obvious reversal at a key resistance level (1.12849).
If the daily candlestick closes this way before the 10 pm candlestick, we may see the bears pull price to the next possible support level (1.11835).
So, before committing to this trade, let us wait for the 10 pm candlestick. I will personally be nursing my coffee while waiting for it.
Wishing you a great weekend and Ohhhhh.
For those going to watch THE AVENGERS: END GAME over the weekend, happy viewing.
