AUD/USD test the support 0.6888 and go through the resistance 0.7300 .My assumtion is that it may be U turn and break the resistance level of 0.7300 and will built a new year sexy body bullish monthly candlestick..
Thread: Aud/Usd
AUD/USD test the support 0.6888 and go through the resistance 0.7300 .My assumtion is that it may be U turn and break the resistance level of 0.7300 and will built a new year sexy body bullish monthly candlestick..
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placed a buy order but we will see some drop in price and then it will break the resistance as mentioned above and then target is all time sell if the price penetrates a support point with a target support 2 in the number Up movements1.0720 so better just chk out this pair if 1.0650 buy it from my opinion,,,.
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AUDUSD: consolidation around the level of 0.6875
AUDUSD
Jan. 21, 2016, 10:19
Sell on a level breakthrough of 0.6875 with 0.6825 target. Stop loss = 0.6925.
Reason for the trading strategy
In November, home sales in Australia's primary real estate market decreased by 2.7% (m/m). The statistics indicates a decrease in the purchasing power of Australian households and puts pressure on the Aussie.
AUDUSD, H4
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Fluctuate against the US dollar Australian dollar pair on the level of 0.6915 keeping the stability without him, while Stochastic provides clear negative signs now, to support the continuation of our expectations for the downside in the coming period, which begins its objectives to test the level of 0.6785, and extend to 0.6640 after skipping the previous level, with recall that stability below 0.7015 is the main condition is the first to achieve the awaited targets.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Australian dollar versus the US dollar conducted a test of the bottom registered the end of last week at 0.6825 and oscillates proximity now, waiting for the continued downside bias to visit the 0.6785 level, which represents the main target following the current bearish wave, where the price is under negative pressure continuously provided by the SMA 50.
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These pair is really an interesting pair because of its movement basically . These pair market is always volatile and if it happens that your trade is in loss position , then don't have to worry because it won't stay like that for a long period .
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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