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Hello traders welcome to a new trading day. So I have looked at the charts and and I have to say minimal price action yesterday. I feel traders are waiting for the FOMC statement in the US session, not that they are going say anything different. So traders it could be a very slow London session and very little data until US session. Today we must be patient traders…..

OK let us look at the currency of the day as I feel this is a nice trade plan. So let us go to the NUZUSD- This is the 30 minute chart. Traders I would like to see a pullback to the 200 ema and a bearish candle formation for the sell trad at price of 0.6768 and sell this. I am looking to take profit at the support zone and S2 pivot as marked on the chart at the price of 0.6726.

Thank You Traders and talk soon… William

FX Instructor Forex Blog – For Traders, By Traders

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