Price Action Watch: February 6th - 10th, 2017
Price Action Tracker | Feb 06, 2017 04:57AM 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/USD, EUR/GBP, EUR/USD and EUSTX50
AUD/USD at weekly resistance.
AUD/USD at weekly resistance area 0.76866-0.77616, potential move to the downside from this zone (1st management point 0.733).
EUR/USD testing resistance area
EUR/USD is testing resistance area (1.08022-1.08935), waiting for bearish price action for a potential move to the downside from this zone.
EUSTX50 price retesting zone, look for bearish price action
EUSTX50 at resistance area 3276.98-3326.02, potential move to the downside from this zone (1st management point 3160).
EUR/GBP, Double High Lower close at zone
EUR/GBP, Double high Lower close at zone, high probability to see a move to the downside from this zone.
Disclaimer: This is educational and general information only (not advice or a recommendation).
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