tntsunrise
Long

AUDUSD strong support at 0.7200

FX:AUDUSD   Australian Dollar/U.S. Dollar
4721 38 97
6 months ago
AUDUSD             strong support at 0.7200

The 0.618 level is at 0.7212

Will be watching the price action at this level

and find some opportunity to long AUDUSD            
6 months ago
Comment:
snapshot

0.7200 support well
6 months ago
Comment:
snapshot
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arif_awan
6 months ago
Only pair with bullish chance with USD!!!
Reply
haikalwafiqhii
6 months ago
Does this mean GOLD will goes up too?
+1 Reply
SaifurRahman PRO haikalwafiqhii
6 months ago
Gold does not follow AUD. AUD used to follow gold and had positive correlation. Recently it had negative correlation when market was driven by risk sentiment in last few months. At the moment the only correlation its got is possibly that they both inversely correlated to Dollar Strength.
+2 Reply
haikalwafiqhii SaifurRahman
6 months ago
Thank you very much for your time for the explaination. Appreciate it.
+1 Reply
sititin
6 months ago
have you entered the trade(long) on this?
Reply
gcplau
6 months ago
Sir Jack, agree ... agree... how is this one's probability as compare to AUDJPY?
Reply
marcus123
6 months ago
nice analysis
Reply
lovymaan20
6 months ago
i am SELLING on audusd my TP is 0.71200 entry point is 0.7200 its Right or wrong plz tell me....
Reply
tntsunrise TOP lovymaan20
6 months ago
in 1h time frame, you maybe right
Reply
lovymaan20 tntsunrise
6 months ago
ohky.. THnkx FRIEND.. :)
Reply
SkyrEk lovymaan20
6 months ago
I guess your pending order at .7200 won't be executed, at least for this week (coming to an end). :)
Reply
tntsunrise TOP
6 months ago
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+1 Reply
Saravan
6 months ago
Agree. It's a strong support with fib level and previously broken trend line. Daily candle is a hammer. It should hold.
AUDUSD holds important level. upside next week
+2 Reply
tntsunrise TOP Saravan
6 months ago
very nice! another supporting reason
Reply
SNabilElJaouhari
6 months ago
ST and TP please
Reply
FXMONA
6 months ago
Very good analysis.. But the weekly trend is down.. Though I am also long in this pair.. (Y)
Reply
gcplau FXMONA
6 months ago
I guess that's where the challenge is, right? Everytime the Daily make the reversal/turn, the Weekly is not suggesting that direction, right?
Reply
jay_y
6 months ago
Another reason to support buy for this pair.. Bat harmonic formed at the resistance u mentioned. Good sir!
Reply
tst
6 months ago
Agree, long around these levels..
snapshot
Reply
arianto
6 months ago
Jack, is it ok to long now? what will be a good SL? 0.71600?
Reply
arianto arianto
6 months ago
It hit my stop loss at 0.71600
Reply
ShahidKhan
6 months ago
just taking long with this pair. with great evidence by tnt
Reply
FKHo PRO
6 months ago
Hi Jack, are you waiting for the price retest for higher low before entry?
Reply
tntsunrise TOP FKHo
6 months ago
yup. as u can see now the price tested the 0.618
snapshot
Reply
mabaert PRO
6 months ago
broken. Stop the long? Or wait for the daily candle?
Reply
jack can i take long position??
Reply
tntsunrise TOP hassan.saeed881994
6 months ago
0.7200 is a good level
Reply
sititin
6 months ago
hi jack.. what is the impact of the RBA announcement for this pair? thank you.
Reply
tntsunrise TOP sititin
6 months ago
not bullish for this pair
Reply
vava
6 months ago
the bullish scenario still valid?
Reply
tntsunrise TOP vava
6 months ago
see price action first.
Reply
mp4mp5
6 months ago
Jack, any SL for this? AU gonna waterfall...
Reply
tntsunrise TOP mp4mp5
6 months ago
not now, i haven't enter yet.
Reply
spuspala PRO
6 months ago
Is this pair bouncing ?
Reply
mlbo
6 months ago
Idea stopped out, right? The low around 0.718 price level was taken....
Reply
tntsunrise TOP mlbo
6 months ago
i did not enter yet. still watch for price action
Reply
mlbo tntsunrise
6 months ago
i unfortunately did because i saw resonable price move back from the zone... well. lets see. still valid?
Reply
tntsunrise TOP
6 months ago
0.7440 now. time to take profit
Reply
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