the pair will go to down way to the down trend line
i see the pair will go to down way to 0.9716
rsi refers that the pair will go down
so our target sell from 0.9755 and our target will 40pips
Good luck
Thread: Aud/Usd
the pair will go to down way to the down trend line
i see the pair will go to down way to 0.9716
rsi refers that the pair will go down
so our target sell from 0.9755 and our target will 40pips
Good luck
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technical analysis for Aud/usd by using price action strategy
market time 14.00
chart time frame 1h
open 0.9778
sell 0.9778
tp 0.9765
sl 0.9795
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which indicator do you use for trading?
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for the AUDUSD currency pair today, actually reached a target profit of buyers zone, buy zone at 0.9776 and tp at 0.9796 and sell stop at 0.9736 tp at 0.9716 price. I myself prefer to move to a bullish view condition timeframe h4 which tends to move flat
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star083 (2013-05-20)
aud/usd technical analysis by using : average directional movement index
adx : 20.8770
+di : 23.1948
-di : 22.3574
date : 20.05.13
timeframe : h1
time : 1300
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In this currency pair RSI line is above the bearish trend so one can keep buying position and for today above 0.9710 for first target of 0.9815 and then for second target of 0.9840. Add buying from each low.
Pivot levels today:
R3: 0.9931
R2: 0.9880
R1: 0.9811
PP: 0.9761
S1: 0.9691
S2: 0.9640
S3: 0.9571
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 0.9640.
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Now audusd trade in 0.9766 and it will move upward and its target will be 0.9787. Today aud will be strong against usd.
Aud/usd pivot levels by using fibonacci pivot indicator.
r1: 0.9882
r2: 0.9835
r3: 0.9806
pivot : 0.9759
s1: 0.9712
s2: 0.9683
s3: 0.9636
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AUD/USD intraday: continuation of the rebound.
Pivot: 0.9705
Our preference: Long positions above 0.9705 with targets @ 0.982 & 0.985 in extension.
Alternative scenario: Below 0.9705 look for further downside with 0.967 & 0.96 as targets.
Comment: the par and the RSI broke above bearish trend lines.
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