A look at AUDUSD & NZDUSD. Today’s Recap & Daily Forecast Chart from Jason Sen – Day Trade Ideas

 

After a 400 pip bounce in just 3 weeks there is a risk of profit taking but with no sell signal,

shorts are risky.

Failure to beat 6890/6900 targets 6845/40 then buying opportunity at 6810/00, with stops below 6770.

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JASON SEN Began to study technical analysis in 2006 and established Daytradeideas, the leading provider of daily technical analysis to independent & professional traders within the investment bank community for Stock Index, Energy & Fixed Income products, advising dozens of traders at up to 15 major investment banks and hedge funds on market movement, throughout each trading day on The Bloomberg Professional® service with trade ideas – entry, exit and target levels in daily reports published before the Futures markets open in Europe.