Subscribewe may see some drop to that level and then bounce back,...But we look AUD/USD sideway trend righ now. Can you tell me the price of resistance that will be break? I will S/L setting at 1.0700.
Thread: Aud/Usd
we may see some drop to that level and then bounce back,...But we look AUD/USD sideway trend righ now. Can you tell me the price of resistance that will be break? I will S/L setting at 1.0700.
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Opens the Australian dollar against the US dollar trading today passively remarkable influenced by economic data Australian issued in early, to begin attempts to overcome our first target at 0.7680 and trying stabilizing below, reinforcing expectations of continued bearishness over intraday and short term, where our goal extended following at 0.7560 exist.
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AUDUSD pair price continues its bearish trend trading below its 20day moving average of 0.7715; currently the pair is trading at 0.7704 in the Asian trading session. The near term bias remains bearish with targets of 0.7652
Still Australian dollar pair is trading in the direction of general bearish against its US counterpart on Frame four hours as the pair also broke the pair to support the weekly, who is at 0.7810 levels, and a candidate for further sales operations for the existence of candles Aptlaih strong pair to remain supported the landing process, which probably extends even levels Luo previous monthly at 0.7530.
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AUD/USD. The bias is bearish in the nearest term, a consistent break and movement below 0.7660 area is needed to trigger further bearish momentum to test 0.7630 area. On the upside, immediate resistance is seen around 0.7740 area. A clear break above that area would bring the price up testing 0.7780 area
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The US dollar also appreciated against its Australian counterpart and it mainly in two movements: one to approach the opening of the European Square and the other to approach the opening of US markets. The technical indicators remain strongly bearish as the Asian trading session, which directly concerns the Australian dollar opens in a few hours.
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pair- aud/usd
time frame analysis- m15
the up movement of the price is rejecting with the pivot point at 0.7767 level and falling to the daily support level one at 0.7694 level. the rsi indicator is moving out from the overbought level 30 with parabolic long signal. long with stop loss at 0.7675
good luck.
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It resumes the Australian dollar against the US dollar negative trading now approaching the level of 0.7700 again, which supports the continued bearish scenario for the day, which targets start with the breach of 0.7680 to open the way towards 0.7560, with a reminder that the proposed reduction depends on the stability of the price below the level of 0.7875.
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The bearish trend will remain in place and effective in the coming period steadfastly price below the level of 0.7875.
Expected trading range for today between 0.7600 support and 0.7850 resistance range
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He continued the Australian dollar against the US dollar tendency bearish yesterday, approaching the barrier 0.7700, reinforcing expectations of continued bearishness over intraday and short term, which is approaching the price of our main following which resides at 0.7680, with reference to the negative pressure from the SMA 50 supports further negative objectives, which extends up to 0.7560 zones.
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