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Friday Technical Analysis Recap: GBP/USD, EUR/USD, OIL, NZD/USD
It’s Friday and we’re now another week closer to 2017. How time flies when you’re doing something you love like trading! 🙂 On the Vantage FX Forex Blog this week, we’ve taken a look at 4 technical analysis setups and I wanted to use today’s post as a recap of how they played out. It was then followed by a failure at the first retest of short term previous support turned resistance. This is the sort of confirmation that we look for to confirm that the higher time frame level has in fact held. They also act as a good risk management point, allowing you to keep your stops tight. The way it has ... (full story)