Monday, January 13, 2014

AUDUSD forecast for the week 13th January, 2014 (Monday)

AUDUSD forecast for the week 13th January, 2014 (Monday)


Daily Chart


  • The Aussie is currently trading above .90 level
  • I expect the Aussie to reach the .91-.915 level
  • Stochastic from the previous test of support was showing good divergence to the upside

Hourly Chart



  • Bullish trend should continue this week,
  • I will look for trade opportunity for bullish trend continuation retrace to ride it up

Outlook Trade opportunity

There is three setups on display on the chart above


Risk Level- LOW


Tips -

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