Audusdidea
AUDUSD locally signal (SHORT)Hello friends.
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Everything on the chart.
If my markup is right wave of 5 was finished.
open pos: market (and put 1 more sell-limit 0.6554)
targets: 0.651(~0.55%) and 0.649(~0.85%) (after first target will reached move ur stop to breakeven)
stop: 0.671-5 (depending of ur risk)
for me risk is justified
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AUD/USD - 0.6443 Resistance To Hold Price Below!
Market structure continues to make Lower Highs, validating a continuation of the downtrend
I'm anticipating a bullish correction which will retest resistance before an impulse move to the downside occurs
EMAs add confluence to my bias as they are both above price and aligns with the key level of 0.6443
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Time to sell #AUDUSDThe AUDUSD has risen nicely since the slump to 0.55, now an opportunity for Sell.
The AUDUSD touches the average moving line 100 which is used as resistance and only a few days ago the AUDUSD responded downhill as soon as it touched that line.
Stochastic and RSI are relatively high, indicating the possibility of a trend change.
The AUDUSD is still considered a downtrend despite recent increases
Goal: 0.64
Will AUDUSD Revisit 0.65301 --Long Monthly and Weekly timeframes has a Bull Support for this pair.
Price now at 0.64409 through 0.64714, a Buy-Zone on 4Hr.
Decline of index will be result of AUD getting weaker (or gaining of USD).
Today 10:00EST has High-Impact on USD News.
Note:
Idea is to complement your research.
Check comments section for future updates on idea.
Follow through with previous AUDUSD ideas
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