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Daniel_Thompson

AUDUSD Long

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Daniel_Thompson  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis
2
0
trendanalysis indicator fundamental
Pivot: 0.7790

Most Likely Scenario: long positions above 0.7790 with targets at 0.7855 & 0.7880 in extension.

Alternative scenario: below 0.7790 look for further downside with 0.7755 & 0.7740 as targets.

Comment: a support base at 0.7790 has formed and has allowed for a temporary stabilisation.
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