Hello Traders, what’s going on market after US closing?
EUR/USD
Yesterday we’ve seen current trend deepened and reaching new low. Today we could see a retest of last low. If this pinbar candle stays in it shape, we will have clear signal of trend continuation. For now, EUR/USD is targeting a new low, probably 1,0530 or lower.
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AUD/NZD
Pair continues to gain, and it doesn’t seem to stop. Pinbar might appear on chart right above key support zone. This signal is worth to consider in term of trend continuation, because there is a lot of space above.