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AUDUSD holding above 7220/16

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 1, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 01 December 2015 AUDUSD Spot AUDUSD holding above 7220/16 for a return to 7250 as I write & could continue higher to retest last week's high at 7278/83. We should struggle here so watch for a high for the day. On a break higher however look for 7295/99. A break above 7300 keeps bulls in control to target 7345/49. First support at 7220/16 could hold the downside again today but below here risks a slide to good support at 7185/80. Longs need stops below 7160 to target

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