Good day traders,
Another trading week has come to an end, and the weekend is just around the corner. Let’s go on to our charts and wrap up the week.
1. EUR/AUD
On the daily time frame, EUR/AUD is currently testing a strong support level (1.55995). If the 11 pm candlestick closes with a clean breakout, we could see the next daily candlestick hit price level 1.54763 before the close of Friday market.
On the other hand, if the present candlestick closes with a doji or a bullish pin-bar, we may see price form a consolidation around level 1.55995 – 1.56852.
Note: It’s Friday, and the market carries a level of uncertainty. If you are trading any pair, be cautious.
Do have a restful weekend and be safe.
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