The AUDNZD is in a downtrend on the daily chart. Price has found support has been moving higher in the last few days. Price Action traders could be looking for logical areas to short to get in line with the trend. The chart below shows a very logical area that traders could look for Price Action …
Price Action Charts in Focus
AUDCHF BEEB RECAP
During Fridays session the AUDCHF broke out lower from the Bearish Engulfing Bar and tested recent lows. Members of Forex School Online were aware of this Price Action setup through the Members Only Forum where it was discussed in depth. If price continues to fall lower support comes in around …
EURAUD BUEB RECAP
Last week the EURAUD formed a bullish engulfing bar. This BUEB took some time to break higher but now it is moving into recent highs. The next resistance comes in at the 1.2800 area whilst below support is still holding at the 1.2590 area. EURAUD DAILY CHART …
