Summary of today's currency call and the AUDUSD and NZDUSD trade idea's explained, for the Economic news the first event coming up of interest this week is tomorrow at 23:00 GMT+8 with the US ISM Manufacturing PMI (Dec) expected at 60.2 offering a catalyst for the DXY currently trading under the 96.00 support zone.
Currency call trade idea's 03 01 2022:
AUDUSD buy trade idea:
Entry: 0.7290
SL: 20 pips
TP: 40 pips (showing caution of a rejection in price as it approaches the resistance zone at 0.7330)
NZDUSD buy trade idea:
Entry: 0.6860 (H1 candle needs to close at it's high)
SL: 20 pips
TP: 40 pips
A disclaimer; Any information shared during this session is not intended to be a trade recommendation, it is solely the opinion and views of the speaker. So, please remember to do your own analysis prior to entering any trades.
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