Boring time on the markets, Pound went away without giving a signal so today I have only two pairs:

EURAUD

Pair is getting close to the strong support which stopped sell outs four times already. This time it can also work and if there will be any buy signal on the daily chart (trend is bearish) we can open long positions.

If you are interested in Price Action Strategy description, you can read it here.

EURAUDDaily-8-5-2016

USDCAD

Pair gave really interesting sell signal on the H4 chart on Wednesday. We could open short position with just 15 pips of SL and yesterday price reached support and position was closed on Take Profit.

YOU CAN START USING PRICE ACTION AND INVEST ON FOREX MARKET USING FREE XM BROKER ACCOUNT.

USDCADH4-8-5-2016

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