Today’s Price action setups preview will be rather short. It is because everything that I have showed recently is now in action and positions are open. It concerns gold, EUR/USD, AUD/JPY, EUR/CAD and USD/JPY. Let’s start:

AUD/NZD

Currency pair after falling near key support level rebounded, but now it is once again really close. If some kind of Price Action buy signal occurs it will be worth to consider long positioning. As you can see it is consistent with the current trend.

NZD/USD

As we forecasted in the previous analysis, Kiwi fell to the key support. I am really curious whom of you have opened short position on this pair when I advised so. Current profit is around 400 pips with SL not larger than 40pps! RR is here is more than 10:1.

Currently, price is testing a support level and if clear buy signal occurs, we should consider long positioning. Of course it is needed to remember, that current momentum is clearly downward – such position will be trend-opposite and brings more risk with itself.

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