Aud/usd daily pivots by using fibonacci pivot indicator.
r3: 0.9387
r2: 0.9328
r1: 0.9291
pivot : 0.9233
s1: 0.9174
s2: 0.9137
s3: 0.9079
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Aud/usd daily pivots by using fibonacci pivot indicator.
r3: 0.9387
r2: 0.9328
r1: 0.9291
pivot : 0.9233
s1: 0.9174
s2: 0.9137
s3: 0.9079
today i like to buy this pair @ 0.9215
my stop loss of the day @ 0.9285
half take profit for today @ 0.9240
and further half take profit @ 0.9280
Our preference: Long positions above 0.9145 with targets @ 0.931 & 0.938 in extension.
Alternative scenario: Below 0.9145 look for further downside with 0.905 & 0.9 as targets.
AUD USD continues to fluctuate within the sideways range that appears in the image, finding solid resistance at 0.9255, which makes the bearish trend preferred on the intraday basis, and the first target is to test this range’s support at 0.9160, noting that breaking it will confirm more decline towards the psychological barrier at 0.9000.
Stochastic supports the expected decline, which remains valid unless 0.9255 was breached.
Are we testing 0.9273 again for a move and also 0.9281 And I expect because this is a very important resistance area on daily and if you want to short again then you should look for a daily break below 0.9210 and 0.9140 for a move below But now you should concentrate on where this retracement will end a break above 0.9290 will push the price towards 0.9394 important resistance check the chart
http://i1292.photobucket.com/albums/...psafc223f6.png
AUD / USD pair has formed on the hourly chart converging triangle as to determine the direction of future movements should be expected breakdown of one of the boundaries of the figure, the breakdown of 9300 figures to open 9360 and 9400 (200 MA), is considering selling on rallies below 9198 it will open a local minimum 9150.
The pair failed to break through the upper zone of the fractal shape around 9300 which also runs a sliding blue alligator (acting as the trend line), the main trend south, Stochastic has formed a sell signal as the hourly and 4-hour chart, the purpose-9142 (Zone 2 fractals).
The following data is predicted based on indicators that we use for the currency pair AUDUSD today, for today's resistance levels as follows: RI (0.9340) R II (0.9387) R III (0.9471). and to this day support levels as follows: SI (0.9133) S II (0.9075) S IIII (0.9008)
recommendation:
you can put a buy because h1 timeframe is still possible to move towards resistent I have mentioned above
Update:
AUD USD attempts to breach the sideways trading range resistance at 0.9255, but it turns to trade again below it now, which allows us to keep our morning overview as it is for the rest of today’s trading.
http://charts.mql5.com/1/885/audusd-...orex-group.png
the pair will go up to fibo
I see the pair will go to up way to 0.9443
stochastic refers that the pair will go up
so our target buy from 0.9243 and our target will 200pips
Good luck