Forex Trade Signals and Setups Dec. 6th

AUDUSD – Short Term Range Dominates

While liquidity is slowly being sipped out of the market heading into the holidays along with the EU summit on Dec. 9th likely holding back any major positions on the EURUSD, price action for the pairs is becoming more acquiescent and hence the lack of breakouts.  The Aussie has also fallen victim to this but there is still a trade opportunity in play as the range lows that we mentioned at 1.0155 have held the first touch so short term traders can play the range with tight stops while looking for a breakout-retest setup should the lines in the sand get dashed.

price action chris capre dec 6th

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Buddhist, Trader and Philanthropist

I'm Chris Capre, Founder of 2ndSkiesForex. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action. As a teacher, my passion lies in showing you how to re-wire your brain for successful trading. Want to improve your edge right now? Visit my Price Action Course page.

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