Prices to complete Head and shoulders pattern and going short
SHORT MARKET LOOK TO TAKE PROFIT AT 2892.12 LEVEL AS PRICES WILL HAVE REACHED A SUPPORT LEVEL. THEN LOOK IF PRICES WILL CONTINUE DOWN OR REVERSE
INVERSE HEAD AND SHOULDERS FORMING EXPECT TO TAKE PROFIT AT AROUND 0.25588 RESISTANCE LEVEL AS PRICES MIGHT OR MIGHT NOT BREAKTHROUGH
UPTREND PRICES FORMING HIGHER LOWS LOOKING TO TEST RESISTANCE LEVEL AT 88.89
MINI DOUBLE BOTTOM FORMED. PRICES CLOSED BULLISH ABOVE PREVIOUS LEVEL OF RESISTANCE WE'LL SEE THE PRICES GO UP TO 378.18 LEVEL THAT'S WHERE ONE TAKES PROFIT
Prices hit the resistance level and closed below the 20SMA, expect downtrend look to exit at 19.583 area as it is next key support area
Expect prices to continue downtrend to 1814.444 resistance level. Bearish candlestick closed below 20SMA which gives this downtrend confirmation
Prices looking to go up as prices closed above previous support level and is making higher lows expect prices to continue upwards and take profit around the 1176.03 level it is the next resistance
Three resistance touches at the top also prices closed below 20SMA making evident to short the market
EXPECT PRICES TO GO DOWN TO 94.23 LEVEL THEN GO BACK UP TO FORM A HEAD AND SHOULDERS
Prices looking to drop and test the 3270.7 level then continue back up from the pullback
UPWARD BIAS EXPECT PRICES TO CONTINUE UPWARD TOWARDS 28158 LEVEL
Prices are consolidating might see the AUDUSD trade in a range between 0.70155 - 0.70691