Of observations by the method of technical analysis I have seen of the currency pairs Aud/Usd and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 0.9020 and there is support and resistance on the
- R3 : 0.913
- R2 : 0.91
- R1 : 0.9064
- Pivots : 0.9034
- S1 : 0.8998
- S2 : 0.8968
- S3 : 0.8932
then I highly recommend you to open position BUY with
Take Profit is equal to 0.904 as well as Stop Loss at point 0.9
so that the target pips for today I think is at 50 pips