Mid-term review of exchange rates on 5.07.2018

Hello. It seems that all were waiting for news on Friday. Below are a few recommendations for trading in the Forex market on 5.07.2018


On AUDUSD formed a Doji pattern below the level of 0,74000. The price is moving sideways between of 0.7400-0,73000, and should probably wait for the fall to the bottom. In General I stick to the bearish sentiment and waiting for the breakdown 0,73000 and below. Consider there sales.


On the pair EURNZD has formed a pattern Doji at the level 1,7200. There is probably finished and the correction expect continuation of the growth further in the up trend. Consider here the purchase order 1,74500 and above.

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