Sunday, 15 January 2017

AUDUSD Daily Analysis - January 16, 2017 Forex Analysis

AUDUSD remains in uptrend from 0.7159, the fall from 0.7518 is likely consolidation of the uptrend. Support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 0.7600 area. Only a clear break below the trend line support could signal completion of the uptrend.

audusd chart


For more short term forex analysis and info visit via AUDUSD Daily Analysis - January 16, 2017 . Thanks for your support.

No comments:

Post a Comment