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AUD/USD D1 Technical June 27

Yesterday in late New York session Aussies manage to move up and test 0.9350 level but fails to break it and get a strong pull backĀ  and target around 100 pips. Bollinger bands are not providing clear signals yet. But price action on 0.9350 level should be watch.

If AUD/USD manage to break this level and H4 candle closure above resistance then it will indicate more bullish strength and pair will then continue its upward movement.

On the other hand, If pair get a pull back and H4 candle closure below resistance level then pair will rapidly fall towards 0.9200 level.

High impact News can affect the trend of AUD/USD. News like Unemployment Claims, Pending Home Sales m/m.


EUR/USD D1 Technical April 04

EUR/USD is trading in a range of 1.2880-1.2750 level. Break of any level will clear the trend. If EUR/USD manage to hold its key level 1.2750, then pair is expected to have bullish strength and target will be 1.3070 level. On the other hand, if EUR/USD didn’t manage to hold its support 1.2750 level. This will then indicate pair is under pressure and EUR will rapidly dropped towards 1.2700-650 level respectively.

High impact News can affect the movement of EUR/USD. News like Minimum Bid Rate, ECB Press Conference, Unemployment Claims, Fed Chairman Bernanke Speaks.