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AUDUSD Analysis
Australian Dollar / U.S. Dollar
AUDUSD Analysis
By MohamedYAbdelaziz
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Updated
Mar 27, 2020
4
Mar 27, 2020
AUD/USD Chart Analysis:
There's Two Scenarios both equal in Strength: ( In my Opinion )
1. The AUD Will Continue to rise Against All the Analysts Opinions to hit the 62 Barrier as a partial recover from the Continuous Hits Since January.
2. The AUD Will Fall Drastically agreeing with the experts.
A Fair Question:
Will it Hit the 62 Barrier and continue its recovery?
Personal Opinion: Its very likely to do so by next week.
Please Share yours.
Mar 27, 2020
Trade closed: target reached
Target Reached hitting the 0.618, Even Before Next week!
The Next is to observe either :
- A Correction Stage (-- Most Likely --)
- A Continuous Rise to reach the Range or 0.64.
Both Scenarios should expect a small Short to reach the zone of 0.610
Chart Patterns
Technical Indicators
Trend Analysis
MohamedYAbdelaziz
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