The upper zone looks like a textbook classic example but sometimes they just don't work out.
Looks like UCAD may have left the station without me as well. It's moved up over 100 pips from where I closed my long...LOL! Figures...
But the zone below is still really solid there, too. Sometimes the news releases can swing em right back to the zone for just a moment and then go back the other way. Trouble is the spreads are usually so wide it's hard to get in anyway.
Looks like an even uglier daily AU candle setting up again here Heavy, despite the slightly higher high. This one so far has a tiny little body.
I did go back on the lower time frames and I found another small supply zone that overlaps the first one so that's just a double heaping of resistance for it to fight through.
I also found another small zone right next to the lower one on this last leg up so I've still got part ready to TP at the first weak zone test and the rest set to TP at 0.7250 as of now.
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