Aud/Usd

The last sign manifest on the 1H chart of AUDUSD turn to be a bearish one as we can see the brain trend indicator brings up the down arrow drawn above the candles and also shows the best resistance level is located by the red line at 0.7235 In another view the RSI indicator agrees with the downward way it keeps below the center level of 50 which in this case give us a two equal signal to choose the sell positions and then I guess that we have to enter a fast orders ass soon as possible By the way the support which could be found at the price 0.7205 is a totally strong and the cost might be found some troubles when it reaches it which make it a proper place to disuse the trade and waiting for the Price activity within this scale. http://funkyimg.com/i/2c1gj.gif

Trading the Australian dollar versus the US dollar negatively since the morning to put pressure on the level of 0.7448 and moving without him now, with a note that Stochastic is approaching oversold areas to support the rebound opportunities up and resuming the bullish major trend, especially since SMA 50 continues to carry the pair from below.
http://image.prntscr.com/image/4dc4e...6314e7f31e.png

He won the Australian dollar against the US dollar breach of 0.7415 and settle down, to show more negative trades that may push the pair towards the 0.7329 level.
http://image.prntscr.com/image/85d45...e396898961.png

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Originally Posted by TheFxTrader

He won the Australian dollar against the US dollar breach of 0.7415 and settle down, to show more negative trades that may push the pair towards the 0.7329 level.
http://image.prntscr.com/image/85d45...e396898961.png

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Bearish bias will likely rest of the day, noting that this decline temporarily, pending recoil upwards after touching the target level for the resumption of the bullish primary trend, which resides next target at 0.7595, taking into account the fact that the breach of 0.7329 would extend the negative of trading to reach 0.7210 directly.

For yesterday the Australian dollar against the US dollar at 0.7329 as it was likely in the morning report of his negativity on Stochastic, as long as the price is above this level, the scenario of the bullishness will remain in place for the day, pending the rebound up to test the level of 0.7448 initially, which represents a break orientation key about 0.7595.
http://image.prntscr.com/image/2f7d1...ce89fcf093.png

He won the Australian dollar against the US dollar strong breach of 0.7329 and stabilizing below it now, which completes the formation of the double top, which has a negative targets up to 0.7210 extends to 0.7165 model, which prevents instantaneous path downward rest of the day, the price has been unable to rise above the level of 0.7329 and stabilizing above it again.
http://image.prntscr.com/image/6fd8c...841c7fd8d1.png

Australian dollar versus the US dollar appears sideways trading since the morning stable above SMA 50, as long as the price is above the level of 0.7329, the outlook for the upside trend will remain for the day, which begins its goals with the breach of 0.7448 to open the way towards 0.7595.
http://image.prntscr.com/image/3f1c0...3203b590aa.png

It enables the Australian dollar against the US dollar from the breach of 0.7448 and closed four hours of the last candle above it, which supports the continuation of the upside scenario effectively during the coming sessions, opening the way towards 0.7595 key next station.
http://image.prntscr.com/image/72cdc...bec1c1fce3.png

Being Australian dollar versus the US dollar retest of 0.7448 previously breached process, which turns into a ground support mission now, accompanied by Stochastic approaching the oversold areas, while 50 SMA continues to provide positive support for the price.
http://image.prntscr.com/image/ad7d4...abe19cc9d0.png

It resumes the Australian dollar against the US dollar after trading positive to build on the level of 0.7448, supported by SMA 50, which confirms the upward trend to continue in the short term, targeting 0.7595 key level next station.
http://image.prntscr.com/image/94a70...8731dd2da9.png