Indices find crucial supports [Video]
In today’s Traders Edge Market Briefing, Tomasz found these amazing setups that we thought you’d find interesting.
SP500 pauses a drop precisely to the 38,2% Fibonacci. Potentially a nice double bottom in play.
Nasdaq with a similar situation but one level lower – on the 50% Fibo.
DAX holds slightly better but here we’re waiting for a bigger impulse, as the price is rather moving sideways.
EURUSD is finally allowing the small correction after few days of aiming higher. It’s precisely on a crucial resistance at 1.075.
NZDUSD climbs higher after the rate rises from the RBNZ. A crucial horizontal resistance is near.
GBPNZD escapes from the flag to the downside, that’s a proper sell signal.
Reprinted from FXStreet，the copyright all reserved by the original author.
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