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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 we had the only resistance of importance at 7275/85 & we topped below the September high of 7315 so outlook is obviously negative today as we target support at 7240/30.

NZDUSD we wrote: Failure to beat 6799 targets 6760 then support at 6730/20.
We are 10 pips away as I write.
Today's Analysis
09 November 2018 Updated at 00:00am GMT
AUDUSD holding important 7275/85 targets the best support for today at 7240/30 but longs are risky n the bear trend. A break below 7220 is much more negative targeting 7200/7190 & probably 7170/60.
Try shorts at 7275/85 with stops above the September high of 7315. A break higher is a clear buy signal targeting 7333/35 then minor resistance at 7346/50. On further gains look for 7360/63 & 7378/82.

NZDUSD Failure to beat 6799 targets 6760 then support at 6730/20 (nearly there). A break below 6710 risks a slide as far as 6675/70.
Above 6765 allows a selling opportunity at 6790/99 with stops above 6830. A break higher targets 6850/60 & 6895/6900.
Technical Analysis AUDUSD & NZDUSD