Thread: Aud/Usd
Couple yesterday made a correction to the support level 0.9070, from which bounced and attempted growth. Today the pair probability of growth continues, but we should not exclude another attempt to test the support level of 0.9070, after which growth will continue in the direction of the resistance level of 0.9170.
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AUD/USD
analysis for today 12 / 10 / 2013
Resistance 3 0.9205
Resistance 2 0.9175
Resistance 1 0.9155
Pivot Point 0.9110
Support 1 0.9047
Support 2 0.9027
Support 3 0.8997
BUY 0.9155 STOP LOSS 0.9047 TAKE PROFIT 0.9175 OR 0.9205
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Fibonacci pivot point
Pair = AUDUSD
Resistance 3 = 0.916
Resistance 2 = 0.9138
Resistance 1 = 0.9124
Pivot Point = 0.9101
Support 1 = 0.9079
Support 2 = 0.9065
Support 3 = 0.9042
Result this day Tuesday, December 10, 2013
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Our conclusion for this har, is likely to decline towards 0.9076, forming another ascending impulse to reach 0.9137 and then move down to return to 0.9045. then we can observe whether the trading range of the market, we will assess the structure for the future possibility of riding waves with a target at 0.9400. However, if prices do not form a reversal pattern, the couple can reach a new minimum.
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the pair price already touched daily support 1 level (0.9050) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (0.9140).
so buy now from 0.9096
the pivot point will be my target
stop loss will be down the support 1 level (0.9050)
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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.
Date: 10-12-2013
Time frame: 1h
High and low prices
High today is: 0.9116
Low today is: 0.9074
Total pips today: 42
So sell from: 0.9086
Our target 1 is: 0.9064
Our target 2 is: 0.9041
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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