AUDUSD approaching support, potential for a bounce!
AUDUSD is expected to drop to 1st support at 0.68094 where it could potentially react off and up to 1st resistance at 0.67700.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Audusddaily
AUDUSD bounced from support, potential for a further rise!
AUDUSD bounced off 0.68690 where it could potentially rise further to 0.69300.
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AUDUSD - Catch the Sell on AussieANALYSIS ON AUDUSD
Welcome to my analysis
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15Min CHart
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Interesting Point of interest In the AUDUSD pair.
- Price above the 200 day EMA.
- Watch top for Buy.
- Expecting more downward momentum.
- Watch 0.69150 - 0.69300 area for sell signal.
- MACD showing bearish divergence
Stay Tuned
AUDUSD approaching resistance, look out for potential reversal!
AUDUSD is approaching its resistance at 0.69300 where it is could reverse down to its support at 0.68801.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.