FX:AUDUSD   Australian Dollar/U.S. Dollar
128 0 1
AUDUSD_ forecast

Aussie is located at the moment in a demand area, namely within our dark green rectangle.
The support upward trend line with an angle of 20^o has been broken at about 0.7570, anyway the current price at 1Month chart is still supported by the downward support trend line in yellow.
Some scenarios for Aussie :
1. Wait and
Buy@0.70200, if the D1 candles closed above 0.7000
T/p@0.7780
S/l@0.6945

2. Buy/sell according to our call out above.

Trade well!

Makkaba team
http://m2m-vn.com/harmonic-trading-profiting-from-the-natural-order-of-the-financial-markets-by-scott-m-carney_volume-01/
http://m2m-vn.com/elliott-wave-principle-key-to-market-behavior-prechter/
https://www.mql5.com/en/market/product/18578
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