The trading range for today is expected among the key support at 0.9860 and resistance at 1.0130.
The short term trend is to the downside targeting 0.9400 with steady daily closing below 1.0240.
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The trading range for today is expected among the key support at 0.9860 and resistance at 1.0130.
The short term trend is to the downside targeting 0.9400 with steady daily closing below 1.0240.
In recent days, the market is behaving sluggishly, the pair are almost on the spot, but the general direction of the pair seems to me remains, yet to the south, it is clear that the sale take place under the moving average with period 200 and is very hard to rise above, so that it is still waiting the fall ...
AUD hour traffic on a pair of painted head and shoulders, as the course in a dense went to the strong resistance level of 0076, and the price will not let me down sloping support line, you need to wait for the breakthrough of one of these levels.
AUDUSD pair is trading price in a downtrend and is treated with the initiator of the rally 0.9968 as a correction to enhance the downward trend can be expected to decline further after the completion of the correction and the next target may be around the area of the level of 0.9850 key resistance in
At the 4 hour time frame I had two buy signals crossing the green line ching span the price chart from the bottom up, and 2. "Golden cross" - the intersection of two moving, I think the pair will rise, only to wait out of the clouds.
aud/usd
short positions at 1.0090 with 1.0050 target
the breakout of 1.0114 will call for 1.0135
AUD/USD is rallying to fresh 5-day highs on improved risk appetite in Asia this Thursday, with regional stock markets trading higher after a strong overnight performance in the U.S.
At the time of writing, AUD/USD trades at 1.0115, up 0.4% on the day ahead of the Eurozone politicians’ meeting.
Formed prices husband AUDUSD bottom below at the level of 0.9968 on the chart chart currency Frame 4 hours and is rising initiator of 0.9968 a correction patch to strengthen the downward trend initiator of 1.0223 and then can be expected to drop in price to the region 0.9850 after the completion of the correction As for the level of major resistance In 1.0223 and if the price rises above this level, it could lead to further rise probably to the region 1.0400.
we recommend staying aside awaiting further confirmations
Support 1.0095 1.0070 1.0025 1.0000 0.9980
Resistance 1.0130 1.0180 1.0220 1.0285 1.0310
AUD/USD's intraday bias remains neutral. The pair is yet in its downward momentum form 1.0852. Below 0.9968 the bearish momentum would be accelerated and would target for 0.9820 and more. Meanwhile, above 1.0225 it would mean that the downward momentum has come to an end and would flip the pair back to upside motion targeting 1.0473 and more.