AUDUSD - Daily chart
Aud/Usd has gain quite a bit lately, but it looks like this bullish impulse is depleted. It's reached 0.8830 strong resistance which should force Aud/Usd to decline. Then 0.8660 and 0.8515 are considered as targets.
 |
| AUDUSD - Daily chart |
AUDSD - H4 chart
Aud/Usd reached resistance near 0.8830. Although it crossed downtrend line, the breaking candle looks weak and it's very likely it'll be negated. In this scenario Aud/Usd will be heading towards 0,8765 and 0.8665 further.
 |
| AUDUSD - H4 chart |
Trade recommendation
|
Sell if current candle closes bellow 0.8790 or later if it remains bellow this level. If the price rises and kept above 0.8790 signal is negated.
Target levels: T1: 0.8730 T2: 0.8665
|
|
|
Current support levels
|
Current resistance levels
|
|
|
0 Comments:
Post a Comment