Subscribethe aud/usd pair fails to downside in the last week becaue it was thought the the austerial goverment is going to decrease the interest rate but in my opinion i think the pair is going up in the next week
Thread: Aud/Usd
the aud/usd pair fails to downside in the last week becaue it was thought the the austerial goverment is going to decrease the interest rate but in my opinion i think the pair is going up in the next week
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Sell the pair below 1.03875
Take Profit: 1.03675
Stop Loss: 1.04075
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AUDUSD 4H chart
We have long term uptrend. Price has already touch the line after descending correction . I will wait to see if the trend line was broken. To be honest I expect downward movement because price stays below support level. good luck
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Despite recovery to 1.0544, AUD/USD quickly lost steam and dipped back sharply. We're turn neutral first. But overall outlook remains unchanged. That is, we're expecting strong resistance from the upper trend line (now at 1.0667) to limit upside and bring reversal. Hence, we'll not participate even in case of another rise. Meanwhile, break of 1.0412 support will now indicate that AUD/USD has already topped and should turn bias back to the downside for 1.0176 support and below.
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AUDUSD has touched the support level at 1.0498. I think AUDUSD may try to test that support again today.
Then, if AUDUSD can break 1.0498 support level, AUDUSD may falls to the next support level at around 1.0421
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I read you analysis dear member, it seems interesting, but i am here first time, and the problem is i have live account, and i will test your signals on live, but with low leverage, so lets, see i am place a stop buy now...Originally Posted by erespe
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AUDUSD is now sideways, we'll see if today's pivot (1.0473) is broken, the pair will likely rise towards 1.0511 level. In opposite direction, if support level 1.0402 is broken, this pair may fall to as low as 1.0364
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On the 4 hour chart has a visible side channel which is now trading course, the couple did today retreat from its upper border-resistance 0525, while the main goal is near the bottom of the channel 0415.
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AUD / USD daily chart to be in a very strong increase in the level of 1.0420 supports ... so I think the price may continue to rise simply forms a parallel channel to the north ... and the long-term objective is 1.0820 ....
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AUD/USD's recovery and break of 1.0528 minor resistance dampened our bearish view and suggests that pull back from 1.0612 is completed at 1.0412 already. That is, rise from 0.9588 is still in progress and intraday bias is back on the upside for 1.0612 and above. However, we'd like to emphasize again that we're expecting strong resistance from the upper trend line (now at 1.0667) to limit upside and bring reversal. Hence, we'll not participate in the current rise. Meanwhile, break of 1.0412 support will now indicate that AUD/USD has already topped and should turn bias back to the downside for 1.0176 support and below.
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