DecaPip Daily: 18/06/2015

Today’s DecaPip Daily will be featuring GBPUSD and AUSUSD.

It is fairly safe to say that GBPUSD had a rather large breakout of range in yesterdays trading session. We are approaching some really interesting levels to the upside,as a market technician I would like to see how large this pair’s appetite is for further advancement around the areas I have charted.

AUSUSD also staged a comeback of sorts after the FOMC.At this point I think it is prudent to look for a level of resistance to hold rather than buy into the upward momentum as AUSUSD has been bearish for a long time and also there are in my opinion better levels below 7500 for keen Buyers amongst the Littlefishfx readers.

GBPUSD

1.5880 Resistance 1
1.6002 Resistance 2
1.5780 Support 1
1.5600 Support 2

Screen shot 2015-06-17 at 20.45.34

Screen shot 2015-06-17 at 20.42.51

AUSUSD

0.7870 Resistance
0.7598 Support

Screen shot 2015-06-14 at 11.39.49

Screen shot 2015-06-17 at 20.51.01

Got any questions about our new DecaPip feature? Contact Nathan at Nathan@littlefishfx.com

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