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The candle price (on yesterday) can break up\. And we see there is was formed two bulls candle on yesterday. So, on my simple look - price now try to max. bulls till that resistance again = to test again that level 1.0443. So, of course - it's good idea to search and take Buy OP with TP before that resistance line.
The last two months a couple of shows growth waves in the past few days seeing the fall of American aggression, and the pair reached the level of 1.0470 .... but with such dynamics may be higher ... 1.0630 ... 1.0830 ... and beyond
The pair broke through resistance, and also now an American is in a very strong fall ... so I think a couple next week to move further towards the north, the estimated levels of retracement is 1.0430, and 1.0380 ...
I see that AUDUSD may head all the way up to 1.0550.
I will be looking towards short positions then. Most people should be stopped out by then.
Dynamic growth in AUD / USD from 1.0176 is led to the establishment of the new situation gives maksimów.Rozwój attitude this week to further rises in the direction of the upper resistance which is around 1.07. There may be profit taking.
from TF H4, this pair look at bullish trend
but now this pair at high resistance area 1.0485
so price potential to move foward to support area.
resistance : 1.0500
support : 1.0385
Spoiler:
AUD / USD closed the week bullish candle closed above the Fibonacci levels of 61 means that we will see more of the rise coming weeks until the Fibonacci levels of 76.4 at 1.0660 at least
http://s7.postimage.org/tytp1rhu3/image.jpg
If price manage to break down the support line (green ), sell again...
AUDUSD - From an intra-day perspective, we see support at 1.0367, 1.0313 1.0236 with similar resistance levels at 1.0444 & 1.04974. While the overall outlook on this pair is strongly Bullish at the moment, the potential for a double top and/or rebound from the 1.0450 area is strong. Traders will be watching this level closely, and I remain cautiously bullish as well.
the most likely scenario
the pair can move up to test the 1st resistance on 1.0480
alternative scenario
the pair can move down to test the 1st support on 1.0450