AUD/USD May Rebounds
#trading_idea 💡
🦘Pay Attention to #AUDUSD!
On the 4H chart, the price is testing the MA(100). The stochastic is coming out of the oversold zone. The Bulls & Bears indicator suggests a possible decrease in bearish strength at the moment. However, the pair is still trading within a downward Bollinger Bands channel.
🔼If the price breaks the MA(100), a rise towards resistance 0.6751 is possible.
🔽Otherwise, retest the support0.6701 is likely.
👋 Show "👍" if you believe the price will increase and "👎" if you believe it will decrease.
➡️GET $20,000 JUST FOR $99
🦘Pay Attention to #AUDUSD!
On the 4H chart, the price is testing the MA(100). The stochastic is coming out of the oversold zone. The Bulls & Bears indicator suggests a possible decrease in bearish strength at the moment. However, the pair is still trading within a downward Bollinger Bands channel.
🔼If the price breaks the MA(100), a rise towards resistance 0.6751 is possible.
🔽Otherwise, retest the support0.6701 is likely.
👋 Show "👍" if you believe the price will increase and "👎" if you believe it will decrease.
➡️GET $20,000 JUST FOR $99
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