Hi Traders, we have had a really strong downtrend, now price has retraced and is now approaching a key resistance zone on the daily chart, most professional traders will be looking for a large and obvious bearish reversal setup to go short.
http://www.mql5.com/en/charts/353624/audnzd-d1-instaforex-group
Let us all wait and see what price will do at that resistance zone.
ReplyDeleteThanks For The analysis Kelvin
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