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Week 50 - 2021. Trades review and trade set ups

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.


Upcoming Economic Release:

(Credit: ForexFactory.com Time: +8GMT)


Trade Recap


No recap for this week.



Trade Analysis / Setups


AUD/USD (Analysis 50-1)

Long opportunity: Break and retest confirmation at 0.7180 region towards 0.72273.



NZD/JPY (Analysis 50-2)

Long opportunity: Break and retest confirmation at 77.75 region towards 78.62.


Short opportunity: Break and retest confirmation at 76.775 region towards 76.0.



NZD/CAD (Analysis 50-3)

Long opportunity: Retest confirmation at 0.86355 region towards 0.86680.


Short opportunity: Break and retest confirmation at 0.86078 towards 0.85663.



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


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