ilmscore | Prediction Details
"this market could see resistance as a zero point seven eight one nine area if we do get some resistance out this area will be a counter trend trade with this big impulsive move up as I said we did reverse trade and what's important to remember about counter trend trades is we're not looking for this area to just push the market all the way back down to this previous support level what we would be looking for is some type of small move here on daily chart that we can take advantage of on a smaller time frame from here and possibly get some good profits on a smaller time frame with minimal risk"
By The Trading Channel (The Trading Channel) | January 2, 2018 | Pending
From video
Forex: Weekly Market Predictions (1/2/18-1/5/18) Learn Price Action Trading 00:12:05 - 00:12:32
Interpreted Prediction
The Aussie Dollar may face resistance around 0.7819. A counter-trend trade from this level is anticipated to result in a small move, suitable for short-term profit on smaller timeframes, rather than a significant reversal to previous support.

Prediction Details

Topic
Aussie Dollar

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