Chart of The Day $AUDUSD 11-01-2016

On the AUDUSD daily chart we can see that the pair is going for a test of 0.7700 with RBA decision to keep interest rate decision unchanged. If we get a break higher we could see upside extension to 0.7800-0.7900 zone. Range is narrowing and we could get a break out of this 5 month triangle soon. We issued a seasonal trade for AUDUSD for members on Sunday. 

Happy trading! (click on the chart to enlarge it)

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