Forex Event in Forex Calendar today (17 Aug 16′)

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Forex Event in Forex Calendar today

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Aug 18: FOMC meeting minutes and AUD Employment Change and Unemployment Rate

[/vc_column_text][cs_space][vc_column_text]#dxy  Reached bottom of channel as predicted, maybe it’s time to relook into #usd[/vc_column_text][cs_space][vc_single_image source=”external_link” custom_src=”https://lh4.googleusercontent.com/-RdWqKWZjQjs/V7PqtacikfI/AAAAAAAAI6E/Jph5oWB2cBESLlddG7LfnIX4fbvVsuChwCL0B/w1914-h1118-no/2016-08-17_11-41-46%2Bdxy.jpg”][cs_space][vc_column_text]Yesterday I pointed out in this posthttps://plus.google.com/+Terraseedsforexstrategy/posts/bEpHf2fTcqf that #usd still have room to fall, with 2 possible targets (at ED low – which was reached and at horizontal support level).

At the same time, #USDJPY  plunged below 100 and reverses from that level. 99.50 is a very strong support level so I’m not surprised that price reverses.

Coming up, my focus will be on #AUD , because on the bigger picture, higher time frame shows #audusd  at resistance 77.50. A strong support at 76.40. If this level is broken, should see the start of a temporary bearish move in #audusd . Tomorrow employment data will be key.[/vc_column_text][vc_row_inner][vc_column_inner width=”1/2″][cs_space][cs_responsive_image alignment=”alignleft” image=”15294″][cs_space][/vc_column_inner][vc_column_inner width=”1/2″][cs_space][vc_column_text]

[/vc_column_text][cs_space][/vc_column_inner][/vc_row_inner][vc_column_text]Note, we have a short position in #audjpy  already at 78.30. We took profit at 77.10 and have a second TP level waiting to lock. This trade has been shifted to risk free.I love risk free trade

To know specifically exact entry and exit level, and how to manage a trade, please join #thealienroom https://onlineforexmaster.com/course-pricing/ See you in the Alien World.[/vc_column_text][vc_column_text]

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To your trading success,

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