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[Week 50 - 2021] Trades Recap and Trade Setups

Updated: Mar 28, 2023

Hey Traders,


The CPI release was the important release that everyone looked out for last week. Result was in line with expectation giving a huge sigh of relief. Risk on was prevalent throughout last week with the S&P500 breaking new high.


This week, we would not be discussing the technical outlook of the Dollar and Gold.


Upcoming Economic Release:

Weekly Economic Calendar for Week 50
Weekly Economic Calendar for Week 50
Credit: ForexFactory.com Time: +8GMT

Trade Recap


No recap for this week.



Trade Analysis / Setups


AUD/USD (Analysis 50-1)

AUDUSD Analysis

Long opportunity: Break and retest confirmation at 0.7180 region towards 0.72273 as Take Profit - 1 level.



NZD/JPY (Analysis 50-2)

NZDJPY Analysis

Long opportunity: Break and retest confirmation at 77.75 region towards 78.62 as Take Profit - 1 level.


Short opportunity: Break and retest confirmation at 76.775 region towards 76.0 as Take Profit - 1 level.



NZD/CAD (Analysis 50-3)

NZDCAD Analysis

Long opportunity: Retest confirmation at 0.86355 region towards 0.86680 as Take Profit - 1 level.


Short opportunity: Break and retest confirmation at 0.86078 towards 0.85663 as Take Profit - 1 level.


 

Cheers to all our member who managed to pack some profits this trading week.


Join our telegram channel at: https://t.me/traineetraders


Stay safe out there and safe trading!

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