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AUDUSD holding above 7160/55 again today re-targets strong resistance at 7200/05

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 22, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 22 December 2015 AUDUSD Spot AUDUSD holding above 7160/55 again today re-targets strong resistance at 7200/05. Again shorts need stops above 7220. A break higher today sees 7205/00 act as support to target strong resistance at 7236/40. It should be worth trying shorts here with stops above 7255. If further gains are seen look for the next target & resistance at 7273/78. First support at 7160/55 could hold the downside again today, but below here risks a slide to 7135,

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