Subscribeafter going downward deep enough yesterday this pair make retracement movement today and it seem this retrace has ended so i think this pair will continue falling to level 1.0495 again (yesterday
Thread: Aud/Usd
after going downward deep enough yesterday this pair make retracement movement today and it seem this retrace has ended so i think this pair will continue falling to level 1.0495 again (yesterday
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AUDUSD has touched the support level at 1.0498. I think AUDUSD may try to test that support again today.
Then, if AUDUSD can break 1.0498 support level, AUDUSD may falls to the next support level at around 1.0421
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AUDUSD climbed above the MA100, now being led to the 1.0606 level. This movement is void if the price back down below the pivot - 1.0551.
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this pair is on bullish strong trend as we can see from the chart in friday this pair is going upward so high,this up trend might continue today and its might goes to level 1.0590. good luck
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My weekly analysis:
this week the pair will test a very important resistance at1.063x if the pair succeeded to close above it so the price will move inside the horizontal channel and if it fails to close above it so it will go down
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The pair continues to grow despite the fact that the MACD histogram shows a divergence, so that the daily chart shows that the couple be in a very strong trend to the top ... so that the level of 1.0440 would be seen as support for a pullback ...
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The pair has moved up and still on high position after the lats rebounding from the strong moving uptrend line , so i expect falling down of this pair for about 200 pips until it reaches the trend line again and move up , i suggest to sell now this pair with high stop loss due to its volatility at the current time
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at TF 4H AUDUSD looked at sideway movement
now pair AUDUSD moving between triangle line,
prepare to sell when price touching the upper line.
Spoiler:
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Support & Resistance 09/08/2012
Sup 1 : 1,0593
Sup 2 : 1,0613
Sup 3 : 1,0644
PIVOT : 1,0561
Res 1 : 1,0541
Res 2 : 1,0509
Res 3 : 1,0489
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