The AUDUSD has been moving in a box or range over the previous two weeks. As with most other USD pairs, the Aussie experienced a strong move during the last session of the week. This strong move has now placed price right under the upper level of the current range, which is holding at this stage …
Price Action Charts in Focus
EURAUD 4HR Pin Bar
The EURUAD fired of a Pin Bar on the 4hr chart at the end of last week. This Pin Bar was with the current trend at at an old support area. This old support held as new resistance and has seen price sell off. Price is now at support and given traders who took this setup a nice risk reward trade. …
USDCAD Bust Through Support
The USDCAD moved lower during yesterdays session and has now closed below a key support area. Price closing below this area is a significant event for traders to take note of. Price now has a much clearer path down to the next support area, rather than back through the resistance that is over …
