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AUDUSD & NZDUSD Technical Analysis

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Daily technical analysis based trade tips and ideas for forex AUDUSD & NZDUSD. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.

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AUDUSD shorts at the selling opportunity at 7020/30 with stops above 7050 are starting to to work.

NZDUSD bottomed exactly at first support at 6695/90.
Today's Analysis
17 July 2019 Updated at 00:28am GMT
AUDUSD reaches our selling opportunity at 7020/30 with stops above 7050. A break higher however targets 7090/93. Watch for a high for the day. shorts need stops above 7100 for the next target of 7135/45.
Holding 7020/30 targets 7010/05 (we bottomed exactly here yesterday) & support at 6990/85 for some profit taking. Below 6970 meets a buying opportunity at 6960/50 with stops below 6940. A break lower targets 6920/10. Below 6900 look for 6875/70, perhaps as far as 6855/50.

NZDUSD below first support at 6695/90 meets a buying opportunity at 6670/60 with stops below 6650. A break lower targets support at 6630/20.
Above 6740 targets 6760/65 & minor 1 month trend line resistance at 6775/80. Any shorts need stops above 6790.
Technical Analysis AUDUSD _ NZDUSD