AUDUSD Outlook and Trade Setup Midweek update 29th Jan, 2014
AUDUSD Outlook and Trade Setup Midweek update 29th Jan, 2014
Daily Chart
- As predicted last Friday, we rejected from the confluence fib ext level of 161.8 and 127.2
- Upside is limited however with the major resistant, and if we break through, please be careful of a 'fake break'
Hourly Chart
- This is my forecast for this pair, and if it does get up to my sell zone, for those who look at patterns, i think its a potential Cypher pattern. -
- Next support bounce is also on chart
Outlook Trade opportunity
Please see H4 chartRisk Level LOW
Tips -
Always take note of any economical news event on our provided calender below
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