Price Action Watch: February 20th - 24th, 2017
Price Action Tracker | Feb 20, 2017 04:17AM ET
In this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves.
Pairs and markets analyzed this week: AUD/NZD, CHF/JPY and Gold
AUD/NZD daily pin bar at resistance
AUD/NZD, bearish price action (pin bar) at resistance area 1.06404-1.06727, potential move to the downside from this zone (1st management point 1.056).
CHF/JPY testing support area
CHF/JPY is testing support area (112.051-112.666), waiting for bullish price action for a potential move to the upside from this zone.
Gold, bearish price action near resistance area
We had a nice bearish key engulfing reversal near a strong resistance area, potential move to the downside from this zone.
Happy trading
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