My AUDUSD Jan 23-27 Trading Plan. Bias on long

FX:AUDUSD   Australian Dollar / U.S. Dollar
A Good buy trade if price break above @0.75800 with T.P.1 @0.76750 and T.P.2 @0.77250 with S.L. @0.75270
A Good sell trade if price break below @0.75200 with T.P. @0.74500 and T.P.2 @0.72810 with S.L. @0.75870

Here are other risk events
Tuesday, Jan 24, 11:00pm PH time USA Existing Home Sales
Wednesday, Jan 25, 8:30am PH time AUD Consumer Price Index q/q
Wednesday, Jan 25, 8:30am PH time AUD Trimmed Mean Consumer Price Index q/q
Thursday, Jan 26 9:30pm PH time USA Unemployment Claims
Friday, Jan 27, 11:00pm PH time USA New Home Sales
Friday, Jan 27, 9:30pm PH time USD Advanced GDP q/q
Friday, Jan 27, 9:30pm PH time USD Core Durable Goods Orders m/m

AUD continued to display strength in the past week, this coming week the latest Australian inflation data will tend to influence the RBA in their monetary policy decisions.

Technical indicators suggests that AUD is bullish and a break above 0.75880 signals bullish continuation. However a break below 0.75120 signals a change of momentum.


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