AUDUSD formed a triangle pattern on the weekly chart. We wait for the breakout up or down, it looks like audusd will be heading south. Considering audusd to form an elliot impulse wave and toward the five waves.
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...
AUDUSD might break new resistance. RSI and MACD both are supporting upside
Next level of participation for fresh shorts in Aussie
THE DOLLAR SHOULD RALLY BACK BECAUSE TRUMP HAS CLOSED HIS MOUTH , USA AND AUSTAILIA ARE OFF TO A BAD START, CAPITALIZE ON THIS OPPORTUNITY
It can be observed that AUDUSD is approaching the resistance zone on the 15 mins chart and one can short it for a quick trade. Short in the range of 0.76577 to 0.76628 Stop : 0.76662 Target : 0.76428
Still waiting for the price to come back at the marking resistance zone for busing opportunity.