AUDUSD FX Chart Analysis for January 6th

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I will begin AUDUSD Chart Analysis for January 6th






This is XAUUSD 30m chart for last Friday.

It was short position strategy but ended up with drifting sideways.

The price highly went up as soon as the market started.

The uptrend was strong on Friday and wanted to enter in the indicated position.

However, it ended up with no specific movement.

It was failure.






This is 30m candle chart for AUDUSD.

It is downtrend as a whole.

Please focus on long position entry point.

If it goes down below, please check orange trend line.

After, please check bonus point at the additional red finger pointers.

Please also refer to USDCAD which has the opposite direction.

I will wrap up with this today.

Hope you have a great dinner.

I will come back to you tomorrow.

Thank you.



(Translation
Jae Ho Shin)