My current active open positions: EURUSD, EURGBP, AUDCAD, AUDNZD, AUDUSD
NOTE TO MEMBERS: Don’t forget to check out my latest live price action trade video on the EURUSD for +300 pips on a 40 pip stop.
ASX 200 – Sitting Just Below Key Resistance Zone (daily chart)
Posting an impressive 10% gain over the last month, the ASX 200 has gained 5 days straight. Currently the major index is sitting just below a key resistance zone between 5568 and 5612. This zone has held for the last 5+ months and I’m expecting some profit taking from bulls here.
Overall the bullish case continues to build with the price action structure continually building higher. I’m leaning towards a breakout (…... Keep reading