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EURUSD – Sell Trade Recommendation @ Resistance Holds
Last week we suggested selling the EURUSD at the key resistance level of 1.3800/20 zone. After forming a double touch off this level over 20hrs, the pair sold off and has yet to return. Price action traders that sold off this level with a 25 pip stop are up handsomely with at least a 3R profit. The next key support is 1.3645 which will be the first test for the current bears. Bulls can look for intra-day price action setups there on corrective weakness heading into the level.
Spot Gold – Buy Recommendation @ Support Zone Also Profits
On Tuesday last week we recommended buying Gold at the support zone from 1221 …