Technical Talks of the day Jan 2017

January 11, 2017 08:46

Pair

Trend

Support 1

Support 2

Resistance 1

Resistance 2

EURUSD

DOWN

1.0500

1.0475

1.0630

1.0670

GBPUSD

DOWN

1.2080

1.2000

1.2200

1.2280

AUDUSD

UP

0.7360

0.7310

0.7410

0.7430

As the day becomes crucial for US and UK due to schedule releases, EURUSD's inability to surpass 1.0630 and GBPUSD's sustained trading below 1.2200 can keep dragging both these pairs to downwards. However, AUDUSD's successful break of 0.7360-65 resistance-confluence enables it to aim for 0.7410.

Happy Trading !!