AUDUSD held 5 pips above good support at 7260/50 to hit the 7330/40 target & we topped exactly here.

NZDUSD beat strongest resistance at 6700/10 which then worked perfectly as support.

Daily Analysis

AUDUSD best support at 7285/75 today. A bounce targets 7300/05 & 7330/40, perhaps as far as minor resistance at 7365/75.

Try longs at 7285/75 with stops below 7260. A break lower is a sell signal targeting 7245/40 & a buying opportunity at 7230/20, with stops below 7205.

NZDUSD holding first support at 6710/00 targets 6740/50 before a selling opportunity at 6780/90. Stop above 6810.

Minor support at 6690/80 then a buying opportunity at 6655/45, with stops below 6630.




The contents of our reports are intended to be understood by professional users who are fully aware of the inherent risks in Forex, Futures, Options, Stocks and Bonds trading. INFORMATION PROVIDED WITHIN THIS MATERIAL SHOULD NOT BE CONSTRUED AS ADVICE AND IS PROVIDED FOR INFORMATION AND EDUCATION PURPOSES ONLY.

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