Thread: Aud/Usd
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The couple remained in a bullish trend. Although yesterday was down, but soon returned to its long-term trends. Today, I think this pair is still going up. 1.0158-1.0192 level, could be a target profit today.
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Just discovered this a couple of short position, the pair went back to the day-Hai and the level of resistance 0133, a course from him yet again fought back, and I think in this beautiful otobetsya times, especially since this hour in the market did not have enough strength to overcome this level.
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After the breakdown of the Northern Bulls to a level very good chance to chase the price of the top, now we can see that the price of strayed from a moving average with a period of 50 to around 1.0050, so I think that this level will support the further growth of the pair ..
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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.
Daily pivot point for AUD/USD
S3- 0.9956
S2- 0.9992
S1- 1.0015
PP- 1.0051
R1- 1.0087
R2- 1.0110
R3- 1.0146
Bought AUD/USD at pivot point target 1.0116
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AUD / USD pair continued in a correctional phase, this time a pair (after strong growth) appears on his way to a sloping support line (trend line), I think this is worth an hour wait for the correction and the resumption of the northern movement which I think will happen in the rebound from an inclined line.
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AUD / USD walk exactly in the direction that I expected him where the open pair on the gap forming a rising and completed on the upside limit 61.8 Fibonacci, which I said they are strong levels to start the pair back down again to close the price gap opened for them, but as long as it did not break the trend we are heading upward for the rise
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Pair shows the Australian dollar against the U.S. dollar bearish trend after some contact with the resistance rising wedge, which shows the picture, where the now re-test of the 38.2% Fibonacci previously breached, which turns into support at 1.0065
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Overall, the proposed scenario the morning, remain valid unless we get a fraction of the level of 1.0010
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Expected trading range for this week between: Support and resistance 0.9875 1.0365
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General tendency is expected for this week: bullish
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i think that AUDUSD will move upward as we have a support level@1.0066 so we should buy now our tp1 will be @50% as we have a resistance level@this level.
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