Daily Forex Trading Commentary - Wednesday 2nd April 2014

AUD/USD - Price Action Inside Bar Setup From Dynamic Support

Today we got a price action inside bar setup from dynamic support on this pair. The trend is strong to the upside so the highest probability outcome remains an upside breakout from here. There is some news out from Australia in the next few hours so that will hopefully move this pair one way or the other.

USD/JPY - Price Drifts Higher Above Key Resistance, Wait For Retracement

Price kept drifting higher above key resistance today. We are waiting for a price action signal from dynamic support / 103.45 after a retracement to join the strength in this market.

This price action trading commentary is published by Lewis Barber and represents his current view of the forex market.

Views: 72

Comment

You need to be a member of Forex Social Network to add comments!

Members

© 2019   Created by FXStreet.   Powered by

Badges  |  Report an Issue  |  Terms of Service