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Hello traders in May contest !
Today I would like to point out two pairs which are now on my to watch list. First one is AUD vs USD. Today for sixth day in raw price tried to break resistance at 0.9300 but it appears to be to strong level to be broken. Therefore I wait for price action signal to go short. Just look for pin bar formed on M1 chart during April.
Second pair is NZD va USD which is also around important resistance level at 0.8625. But in this case we are in overall up trend so there is also more risk in trade against current trend.
Safe trading and be patient !
Paweł
Today I would like to point out two pairs which are now on my to watch list. First one is AUD vs USD. Today for sixth day in raw price tried to break resistance at 0.9300 but it appears to be to strong level to be broken. Therefore I wait for price action signal to go short. Just look for pin bar formed on M1 chart during April.
Second pair is NZD va USD which is also around important resistance level at 0.8625. But in this case we are in overall up trend so there is also more risk in trade against current trend.
Safe trading and be patient !
Paweł
