AUDUSD_Forecast
AUDUSD_ forecast
Aussie is located at the moment in a demand area, namely within our dark green rectangle.
The support upward trend line with an angle of 20^o has been broken at about 0.7570, anyway the current price at 1Month chart is still supported by the downward support trend line in yellow.
Some scenarios for Aussie :
1. Wait and
Buy@0.70200, if the D1 candles closed above 0.7000
T/p@0.7780
S/l@0.6945
2. Buy/sell according to our call out above.
Trade well!
Makkaba team
Aussie is located at the moment in a demand area, namely within our dark green rectangle.
The support upward trend line with an angle of 20^o has been broken at about 0.7570, anyway the current price at 1Month chart is still supported by the downward support trend line in yellow.
Some scenarios for Aussie :
1. Wait and
Buy@0.70200, if the D1 candles closed above 0.7000
T/p@0.7780
S/l@0.6945
2. Buy/sell according to our call out above.
Trade well!
Makkaba team
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.