FxWirePro
Short

Short AUD/USD break below 0.7442, target 0.9396

FX:AUDUSD   Australian Dollar/U.S. Dollar
311 0 10
AUD/USD             price action capped below 100-DMA at 0.7478, intraday bias lower.

Technical indicators on weekly charts are heavily bearish , scope for more downside.

On the daily charts , downside has held major trendline support at 0.7445. Weakness only on break below.

Momentum studies are bearish , scope for test of 200-DMA at 0.7396.

Violation there could take the pair to 0.7285 levels.

Bearish invalidation only above 20-DMA at 0.7571.
Comment: Typo in the title : target 0.7396 (not 0.9396)
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out