Audusdsell
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AudUsd outlookAs I said in the previous analysis, I expect AudUsd to drop.
The pair confirmed 0.65 zone as a strong sell zone and now is trading at 0.6420-0.6450 support and previous congestion zone.
A break here is important for the pair and announce a continuation for the downward trajectory.
I will remain bearish AudUsd and only a strong break above 0.65 could change my outlook
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
AUDUSD SELL TRADE SETUPHELLO DEAR VIEWERS!
I publish this chart Setup of AUDUSD for you . if you like my prediction and analysis then write a comment so i will post more and more.
Note, it is just for knowledge purpose only.
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Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDUSD | Preparing to melt? This pair has formed a double top and started to drop aggressively with big bearish candles. It has also broken a ascending trendline and currently doing a retest.
Additionally, it did also break a Support level and currently is retesting it as a Resistance level. If AUDUSD fails to break back above, then we can expect further downside movement.
Watch the pair closely and only sell when you see a clear bearish candle close below the current resistance level.
Fundamentals to look out for during the week.
1) USD CPI m/m (Tue)
2) USD Core CPI m/m (Tue)
3) AUD Employment Change (Thu)
4) AUD Unemployment Rate (Thu)
5) USD Core Retail Sales m/m (Fri)
6) USD Retail Sales m/m (Fri)
Risk ONLY: 2-3%
Good Luck
#AUDUSD SHORT.. On AUDUSD 4-hour chart, we see double top formation. T3 curve and simple moving averages (ma10 and ma20) have turned their directions down.. I expect a structure as I mentioned in the chart.. We will wait and see..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
AUDUSD - SWING - 11. MAY. 2020Welcome to our weekly trade setup ( AUDUSD )!
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1 HOUR
Very bearish drop after taking out previous resistance.
4 HOUR
Bullish market turning directions, good short entries!
DAILY
Overall bullish waving market structure about to turn.
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FOREX SWING
SELL AUDUSD
ENTRY LEVEL @ 0.64780
SL @ 0.65380
TP @ 0.63930
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN