Weekly Price Action Setups & Key Levels | Jan 2-5

audusd forex trades

Chris Capre’s Current Live Price Action Trades: EURUSD, EURCHF, CHFJPY, EURNOK, TRP, REMX, FXo EURJPY, FXo EURPLN

NOTE: Make sure to check out Chris Capre’s Forex Trading Results for 2017 and see how much he profited last year.

AUDUSD – Back Above LT Key S/R Zone, Bullish Bias (Daily chart)

Mid December bulls pushed the AUDUSD back above 0.7700-0.7750 which is a long term support zone. Weak pullbacks into the support zone can present bulls with potential long trades as I think a bullish continuation from here is very likely.

A close back below 0.7700 would again put more technical bearish pressure on the pair and change my bias to bearish again with closest support waiting around 0.7500 while the …

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