Forex Technical Analysis:A look at the USDCAD, AUDUSD and NZDUSD. What levels are in play?

  • The USD is moving lower in early NA trading. What are the technicals saying given the sharp decline. In the video, I outline the bias, the targets and the risks for each and explain why.

Knowing the technical levels in play is key to traders success.

In the video above, I outline the key technical levels in play for the USDCAD, AUDUSD and NZDUSD given the price action and applying key technical tools that lots of traders follow.

Those tools tell a story - or bias (who is in control - buyers or sellers) - as well as defining targets on where you are going, and the risk on where you are wrong (where the bias shifts).

If you are interested in learning where those levels and understanding why, click on the above video. I will tell the story.

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