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Hello traders good to be with you on this Friday the last day of our trading week. We have data today and most of the high impact data is in the U.S session so please be alert to that. We have some good opportunities for today so please review all the charts that you watch on a daily basis.

Today I am looking at the EURAUD I am happy to say that it looks as the bearish trend is back and I am waiting for a pullback to the daily pivot point at the price of 1.5638 and sell this. I am looking to take profit at the support of the 200 em as that is great zone at the price of 1.5510. This trade would be a great way to end our week.

Thanks traders and we will talk soon……William

FX Instructor Forex Blog – For Traders, By Traders

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