So do I. I already placed a buy dan was done. But we look AUD/USD sideway trend righ now. Can you tell me the price of resistance that will be break? I will S/L setting at 1.0700. thanks
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So do I. I already placed a buy dan was done. But we look AUD/USD sideway trend righ now. Can you tell me the price of resistance that will be break? I will S/L setting at 1.0700. thanks
My today technical analysis for AUD/USD is as follows;
Open:0.6891
High: 0.6897
Low: 0.6861
LEVELS
R3 0.6921
R2 0.6911
R1 0.6885
PP 0.6873
S1 0.6850
S2 0.6838
S3 0.6814
My technical analysis of aud/usd
Today bearish trend.
Pivot Point. 0.6875
Current Price. 0.6865
trend down a bit obvious. because in D1 chart marbels already emerged. you may directly open a position, or install SELL LIMIT on the third point that I specify in the picture.
some time ago a lot of opportunities that are formed. you try to watch the price bounced on the line SMA daily ( brown ) and SMA weekly ( Purple ). That moment of moments we want to find.
Trading last week in the range of 0.7003 - 0.6865, the AUD / USD currency pair managed to consolidate below the boundaries of the upward trading channel on the daily chart, completing trade in the 68th figure. Indicators are now hinting at the possibility of correction and buying the pair to resistance levels for the next week - 0.6912 and 0.6959. Support levels for the next trading week are located at 0.6821 and 0.6774.
If a M15 close above 1.0320 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0200 sell only and do not buy. If price closes back above it again do nothing
The range 1.0320 and 1.0200 is neutral area, any trade done in between is personal decision and not part of this analysis
Aud/Usd pair trading above price 0.7570 and pair trend change and Aud/Usd in strong buying and i recommend for buy the Aud/Usd on prices above 0.7450, 0.7480 and 0.7500 and adjust the stop loss on prices below 0.7450, 0.7410 and adjustment the take profit on prices above 0.7600, 0.7630 and 0.7680 and must analyze the trend and place order.
So far we are having rather muted moves in the Asian session, with investors trying to gauge what the next direction will be. A few hours ago, the Reserve Bank of Australia, on its monthly monetary policy statement cut its forecast for GDP this year and upgraded the outlook for inflation. Delays in coal production, a very fragile global economic recovery and low consumer spending pose extra challenges.
Geh pair Australian dollar against the U.S. dollar to settle above the daily closing level of 1.0365, and this is what gives a good boost of positive expectations towards more goals emerging.
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The next stop located at 1.0470 ahead, note that the penetration will open the way for further gains towards 1.0550 and then 1.0660
technical analysis of Aud/Usd is sell
Current Price is ;0.6862
Resistance and supporting price is ,,,,
Resistance Price is :
1. Resistance Level:0.6907
2. Resistance Level:0.6930
3. Resistance Level: 0.6955
Supporting price is :
1. Supporting Level: 0.6852
2. Supporting Level: 0.6840
3. Supporting Level: 0.6828