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The AUDUSD was unable to hold support at the .93 level this week, closing below it on Wednesday. The pair also formed a bearish inside bar/pin bar combo on Friday. We could see this pair move down to the .922 level, which is represented by the price action from early April. The AUDUSD is still […]Continue Reading
From yesterday’s post I mentioned that the EURAUD may make a move to retest the 1.484 level in the coming days. Today we saw a decent move higher toward that level. We’ll have to watch to see if we get a price action setup at that level, should price make it there in the coming days. […]Continue Reading
AUDNZD was unable to break the upper limit of the range this week. Price action is fast approaching the 1.073 level, which has served as a key level since December of last year. The EURAUD made an interesting move today, breaking the 1.484 level. Although the recent trend is down, the larger trend has been […]Continue Reading
The British Pound was finally able to close above the 1.68 level today. Although there’s no real price action for us to trade, we can look for a retrace into support for a price action buy signal. Let’s see what we get the rest of this week. The GBPAUD is trying to recover from recent lows. […]Continue Reading
Not a lot of price action today. However, the AUDNZD is still range bound as it’s capped by the 1.09 level. A break to the upside may provide quite a bit of room to run. We might see some price action this week that would indicate whether the AUDNZD is ready to break this range, or […]Continue Reading