will go SHORT on AUDUSD because: 1) The price is forming a Chanel or Rectangle Pattern . 2) The price also broke the trend line . 3) The price is also under Support/Resistance zone. 4) It has touched the resistance. 5) Target would be the Support area . Book profit when it reaches the support zone . ENTRY : 0.71610 FIRST TARGET : 0.71373 STOP LOSS : 0.71633
Sell opportunity in audusd, tell me in the comments if you agree.
Prices have been back from 0.65600 levels twice and the triangle formed is holding a strong support line. Today, prices have fallen in the Asian sessions but recovered some upward strength. Also, 0.64322 have Bollinger bands support and trend line support. From here, prices may test 0.65600 and above levels again as RSI is pointing to an upward movement, and if...
We are getting a bullish movement in audusd. On the daily chart, we can see the trendline is supporting. So, it's pointing that the trend channel must be followed. So, from this view, we can take a long position, with stop at - 0.63500 and take profit at 0.6700 A good risk-reward ratio we getting here. BEST FOR SWING TRADE!!!!! Thumbs up :)
The 4-hour right side is down against 12/31/2019 peak (0.7030). 1 hour is turning down against 0.6571 high. Near-term, while bounces fail below 0.6571 high and more importantly below 0.7030 high expect pair to extend lower.
HERE IS A GOOD BUYING OPPORTUNITY EMERGING AGAIN IN AUDUSD PAIR. IT'S BULLISH GUYS, WE CAN TAKE A LONG FROM HERE TO TARGET OF 0.65300 ANOTHER BULL RALLY WILL BE HAPPENING SOON. :)
The weekly right side is down against the 1/26/2018 highs at .8130. The daily right side is down against the .7029 highs from 12/31/19. While bounces fail below .6445 where the 4 & 1 hour are turning down the pair can continue to see weakness lower.
AUDUSD is a strong sell since its being sold into since past few days and is in down trend on daily charts. Sell AUDUSD at 0.70655 with Stop-loss of 0.71002 and Target of 0.69776
AUDUSD was on clear down trend from last week but today it got a firm support from fibo 50 % and support 61 of weekly pivot. If you see previous chart it has bounced from the same price 3 times in a row before breaking it in the current scenario if price breaks lower than 50%fibo the firs target be 0.7297 and 0.7214 in alternate situation a bounce above the...