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AUD/USD. The bias is bearish in the nearest term, a consistent break and movement below 0.7660 area is needed to trigger further bearish momentum to test 0.7630 area. On the upside, immediate resistance is seen around 0.7740 area. A clear break above that area would bring the price up testing 0.7780 area
Still Australian dollar pair is trading in the direction of general bearish against its US counterpart on Frame four hours as the pair also broke the pair to support the weekly, who is at 0.7810 levels, and a candidate for further sales operations for the existence of candles Aptlaih strong pair to remain supported the landing process, which probably extends even levels Luo previous monthly at 0.7530.
AUDUSD pair price continues its bearish trend trading below its 20day moving average of 0.7715; currently the pair is trading at 0.7704 in the Asian trading session. The near term bias remains bearish with targets of 0.7652
Opens the Australian dollar against the US dollar trading today passively remarkable influenced by economic data Australian issued in early, to begin attempts to overcome our first target at 0.7680 and trying stabilizing below, reinforcing expectations of continued bearishness over intraday and short term, where our goal extended following at 0.7560 exist.
we may see some drop to that level and then bounce back,...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.
pair- aud/usd
time frame analysis- m15
http://i61.tinypic.com/2w4bsk2.jpg
the price is break double top chart pattern with nick line of the support at 0.7691 and the rsi indicator is moved below the oversold level 30. the price is moving to the daily support level three at 0.7614 level. long with stop loss at 0.7600
good luck.
Bearish scenario will remain in place and effective in the coming period with the support of 50 EMA, unless the breach of 0.7875 and stability above it.
Expected trading range for today between 0.7560 support and 0.7765 resistance range
AUD/USD. The bias is bearish in the nearest term, a consistent break and movement below 0.7600 area is needed to trigger further bearish momentum to test 0.7570 area. On the upside, immediate resistance is seen around 0.7670 area. A clear break above that area would bring the price up testing 0.7710 area.
made Australian dollar versus the US dollar more negative trading yesterday to close significantly Our main goal is expected at 0.7560, showing some upward tendency now positively influenced by Stochastic, while the moving average continues to adversely 50 by clicking on the price.
We will continue tipping the downward trend in the coming period steadfastly price below the level of 0.7875, indicating that the breach of 0.7560 would extend losses pair to reach 0.7410 areas.