1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

AUDUSD holding above 7310 keeps the short term outlook positive

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,021
    Likes Received:
    1
    Daily Forecast - 15 October 2015 AUDUSD Spot AUDUSD holding above 7310 keeps the short term outlook positive & targets 7341/44, perhaps as far as 7355/60 to exit longs. Then try shorts up to strong resistance at 7375/80. A high for the day expected but shorts need stops above 7400. Be ready to buy a break above here as this is a strong buy signal to target August highs at 7438/40. Failure to hold above 7315/10 however risks a slide to good support at 7278/74. It appears bulls have short

    Continue reading...
     

Share This Page