DAILY FOREX TRADING OUTLOOK FOR 19/03/2019

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The EUR/USD has been grindly moving up after the formation of Bearish TRAP(Proprietary Setup). The whole aim of the chart is to trap amateurs into trade. The Bearish Trap was formed precisely last week. We anticipate continue bullish pressure in the Near Term.

Relevant Key Resistance-1.14520.

Chart Bias- Bullish

Price Action – Bearish Trap

AUD/USD formed an Inside Bar that clued us into a Bullish bias as long as the mother bar low is not violated. We foresee bullish pressure in the near term.

Relevant Key Resistance- 0.71888

Chart Bias- Bullish

Price Action- Inside Bar.

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