At the moment, we have BCOUSD, AUDCAD, EURAUD and NZDJPY positions.
West Texas Oil has been declining, same with Brent Crude Oil. We are still bearish with stop loss at 51.3 and take profit level at 45.7. Entry was based on daily pin bar bearish signal.
General trend is declining but we observed a break higher so we were bullish. In addition to that, our entry was also guided by bullish candlestick pattern. However, to stay safe, we lowered our take profit level to 0.96688.
EURAUD is supported by FE161.8. At the same time, bullish pin bar signal is also detected. Take profit level will be at recent high 1.527.
We identified bearish pin bar signal at trend line resistance, we are currently bearish till 81.1, where near term support is.
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