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, EUSTX50 and gold.
AUD/NZD still testing support, look for bullish price action.
Pullback opportunity, price near a strong support area, waiting for a significant bullish price action to go long (targetting the 1.052 area).
EUSTX50, bearish signals at resistance
EUSTX50 at resistance area 3276.98-3326.02, potential move to the downside from this zone (1st management point 3160).
Gold, nice BEOVB at resistance
BEOVB at resistance area, potential move to the downside from this zone (1st management point 1.16).
Disclaimer: This is educational and general information only (not advice or a recommendation).
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