Tendorian

AUDUSD Forecast February 2017

Tendorian Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
4
I am still looking for price to reach that 0.7630 resistance before seeing a turn in direction.

This is my forecast for the month ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates. I'll be using Daily charts from now on, cos that's the TF that I actually use.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Comment:
Thursday Feb 2

This whole sideways movement is not encouraging for bulls. Wait for a better picture.

Comment:
Friday Feb 3

We may find a top early next week, that support needs to break first.


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