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AUDNZD Foreacst January 9-13

Long bias for me, buy at support, TP at resistance. I doubt there will be much suprises, at least not until that 1.0580 area is reached.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

Just because price has reached my area of interest does not mean I will open a position unless I specifically mentioned I would open a position there. I would normally watch the price action before deciding.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
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Still waiting to go long at the pullback to the 1.0457 support.

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Wednesday

I did not get my longs filled before this upmove, looking to get long on the pullback to the support zone to target 1.0580.
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Thursday

Still no pullback to fill my longs. Be patient I tell myself.

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Friday

Minimum pullback complete, look for price to test that 1.0580 resistance.

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Feragatname