elliott flat correction down 1.0383 it is likely to fall towards 1.0431 - 1.0413 as it is corrective rally could falter in 1.04663 - 1.0477 area stop above 1.0512
support and resitances
res2 1.0512
res1 1.0477
pivot 1.0448
sup1 1.0413
sup2 1.0384
elliott flat correction down 1.0383 it is likely to fall towards 1.0431 - 1.0413 as it is corrective rally could falter in 1.04663 - 1.0477 area stop above 1.0512
support and resitances
res2 1.0512
res1 1.0477
pivot 1.0448
sup1 1.0413
sup2 1.0384
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The couple decided to once again test the strength pierced yesterday became resistances 0420 level (zone fractals), after touching a pair of the mark again wrapped in the south, around this level are also moving the alligator, and the southern goal has not worked, is still waiting for a decline in district 0350 + -.
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AUD/USD intraday: the downside prevails.
Pivot: 1.0465
Our preference: Short positions below 1.0465 with targets @ 1.0385 & 1.036 in extension.
Alternative scenario: Above 1.0465 look for further upside with 1.0495 & 1.0525 as targets.
Comment: the pair is breaking below its support and should face further weakness as the RSI is badly directed.
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Aud/usd
bhai mere Main ye thread AUD/USD ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
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Pair made a very important application for reduction, the course was able to break through the lower boundary of the channel and the medium-term confidence has strengthened below it, the course continues to develop divergence MASD and can easily go even lower, consider selling after a small correction (at 0420 prices + -) or in the breakout 0400 figures - what will 0350.
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Now the bears want to break the lower trend channel in H1 time frame. If it can do it then price may fall to 1.0388, else it back to re-test the upper channel.
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The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 1.0300 and key resistance at 1.0495. According to my chart reading, I prefer to selling the pair below 1.0440 with targets 1.0415, 1.0355 then 1.0300 and stoploss with four hour candle closing above 1.0495.
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AUDUSD had broken the support level at 1.0445 yesterday. But after that breaking, AUDUSD still moving around 1.0445 until now. Basically, I think AUDUSD has a potential to fall and reach the next support level at 1.0398. But if AUDUSD can rise and break 1.0445, this pair may goes up to the resistance level at 1.0489.
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