Sforex

Aussie: I want to BUY, but need a bounce at 0.7200

FX:AUDUSD   Australian Dollar/U.S. Dollar
191 7 1
Last week, I hoped A/U extended the rally after strong employment report,but unfortunately the drop of commodity price cut the advance.

However, I want to BUY Aussie ahead FED meeting.

A/U now stops at key support level at 0.7200; it also SMA100 and near the celing of Kumo cloud. Kumo cloud here is very thin, so it's hard to hold A/U, not a meaningful support.

This week, I watch carefully the reaction of AUDUSD             around 0.7200 level, if I see a real bounce, I will jump in BUY, if it breaks Kumo cloud, a SELL is activated.

To attract the buyers and pull up till 0,7580 it needs to touch 0,7140 so from there it has more good acceleration to upside.
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Sforex FXKOPPA
Yes,Kumo cloud is at there.
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trader515 FXKOPPA
and why would it need to touch 0.7140 any magic in that number?
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Sforex trader515
Kumo cloud is at there.
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FXKOPPA trader515
you have to love aussie and it will tell you the magic it play all the time
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FXKOPPA FXKOPPA
7182-7161-7140 , as the market has reached till 0.7161 , if you are aggressive you may buy with stop @0.7120 otherwise stay calm and buy @0.7146 ,
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Hello everybody,
Everyone is thinking about AUDUSD currency pair and here we go this is a nice video regarding to the pair, please hind this in the video https://www.youtube.com/watch?v=lDG14QQ_yz8
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