AUDUSD & NZDUSD Daily Forecast

Jason Sen DayTradeIdeas.co.uk

AUDUSD holding below the 10 year trend line at 7095/85 is negative for today & below 7060 is obviously a sell signal targeting 7045, 7005/00, 6975/70 & perhaps as far as 6920/25.
Resistance at 7090/95 & in fact this was the high on the bounce yesterday. Above look for strong resistance at 7140/45. Shorts need stops above 7160.

NZDUSD holding below 6510/00 to target 6450/45 & 6415/10. Resistance at 6510 but above 6520 allows a recovery to resistance at 6545/50. Shorts need stops

Author

Jason Sen

DayTradeIdeas.co.uk

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