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Hello traders welcome to a new trading day. We have a lot of charts today that have retraced to some interesting levels and we can use to make some entries. I just read that Silver and Gold is on the move up. Traders plan the trade and wait for price to come to you as we are at some very sensitive price levels in this Asia session when I do this forecast…….

OK traders let us look at the currency pair of the day as I see great opportunities for some nice profits on the NUZUSD- This is the 30 minute chart. Traders we have a pair that is currently moving aggressively to the upside and I really do not know why as there was no data released. We are approaching resistance of the R2 reversal pivot if this holds we might have a sell trade with a bearish candle formation and enter at the price of 0.6513. I just noticed silver and gold are rising in price that could be a reason for this price action. I will wait for the London open to think about a sell trade. Traders I am dollar bullish across the board.

Thank you traders and we will talk soon… William

FX Instructor Forex Blog – For Traders, By Traders

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