Aud/Usd

audusd**buy** 1 .4000
sl: 1.3960, tp1- 20-30 pips, tp2=1.4080..will update

As you can see au/usd in moving up on a daily time frame and on 4 hours . with this set up i think the currency pair is set for upward movement today, i wouldn't know whether this move will last for a longer period of time or just for a short period of time. anybody in the house with better idea?

for long term, we can open position after it touch 1.0270, because now it still downtrend for several pips, and it is not good time for short or long, because the condition is not stable, and we can see at stochastic at 4H and 1D did not show the same direction

The pair succeeded in the Australian dollar against the U.S. dollar to maintain the stability of the daily closing above 1.0365, where this level is a good support base to support the bullish trend scenario is likely to intraday and short term.
Now awaited targets start at 1.0550 and the desired level is breached to facilitate the task of continuing the upward trend, which remains valid trading firmly above 1.0290
Expected trading range for today is between: Support 1.0290 and resistance 1.0600
General tendency is expected for the day: UP

Updated
Australian dollar pair appears against the U.S. dollar some slight positive tendency and through which tries to move away from the level of 1.0365, which is good support barrier enhances our positive expectations for the day.
Stochastic supports this positive ahead and keep a list of stability above 1.0290
Expected trading range for today is between: Support 1.0290 and resistance 1.0600
General tendency is expected for the day: UP

since the price had already managed to retrace upwards after touching the daily pivot point (1.0363). aussie managed to climb higher and opposite to the movement yesterday which dropped drastically.

I am going to change my bias for the audusd to the upside if it closes above 1.0460 but a close below the weekly pivot at 1.0425 would be a sign of lower moves in the long term.

The Australian Dollar was higher against the U.S. Dollar on Friday.

AUD/USD was trading at 1.0469, up 0.24% at time of writing.

The pair was likely to find support at 1.0329, Wednesday’s low, and resistance at 1.0474, today’s high.

Meanwhile, the Australian Dollar was up against the Euro and the Japanese Yen, with EUR/AUD shedding 0.03% to hit 1.2362 and AUD/JPY rising 0.16% to hit 81.18.

Australian dollar pair continues against the U.S. dollar trading positively after build well on the level of 1.0365, where the price ually heading towards the pivotal resistance barrier is expected breakout at 1.0550
Overall, the bullish trend scenario is still continuously supported by positive stochastic and moving average 50, and the main objectives when 1.0600-1.0650
Expected trading range for today is between: Support 1.0365 and resistance 1.0650

General tendency is expected for the day: UP

Aussie looks upward movement today. This indicates that there is an indication of the price will go back to the bullish trend. My analysis, prices will repair to touch the trendline for the momentum to be able to ride aud