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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 held strong resistance at 7175/85 for 2 days but shorts were never offered a profit before being stopped above 7200.

NZDUSD unexpectedly beat strong resistance at 6795/6800 reaching 6843 before a dip back towards 6800.
Today's Analysis
13 January 2019 Updated at 14:21pm GMT
AUDUSD needs to hold above what is now first support at 7175/85 to target 7250 & Fibonacci resistance at 7270/80. On further gains look for strong resistance at 7320/30.
Failure to hold 7175/85 (longs need stops below 7155) targets 7120/15 then support at 7100/7090.

NZDUSD must hold above first support at 6790/6800 to target 6835 then 6870/80 & perhaps as far as 6910.
A break below 6780 risks a slide to 6745/35 but expect good support at 6720/10.
Technical Analysis AUDUSD _ NZDUSD