EURUSD holding below 1.0860/65 is negative for today

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    Daily Forecast - 04 January 2016 AUDUSD Spot AUDUSD first resistance at 7305/10 but above here re-targets minor resistance at 7330/35. We are overbought but shorts need stops above 7345 with a break higher to target 7360/63 then October/December highs at 7382/85. Failure to beat 7305/10 targets first support at 7270/65. Again, longs need stops below 7250 with further losses to target support at 7228/25. This could hold the downside, but longs need stops below 7215. Further losses target

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