The AUDUSD has broken support and is now trading lower. The recent momentum of the last few weeks has all been to the downside. The next support level comes in at round number 1.200. Price Action traders could look to trade with in this trend by watching for rotations higher into resistance and …
The AUDUSD 4hr Bearish Engulfing bar
AUDUSD 4HR The AUDUSD formed a Bearish Engulfing Bar yesterday. This Price Action was from a previous support area that held as resistance. Price had been in a solid dowtrend on the 4hr chart and getting short was the best choice in this market. Well done to all the members in the members …
NZDUSD Range Trading
The majority of the time markets are caught up ranging. When this is occurring we need to spot this and stay out of the markets. Identifying the market correctly can also lead to spotting potential trade setups. The NZDUSD is stuck in a range. Until price breaks out either way the safest play …
