FX:AUDUSD   Australian Dollar / U.S. Dollar
158 0 1
Certainly the overall profile is looking weak, but we haven't gone through the critical support level yet. Everything points out to the 1.04 area as a MAJOR support level . We have a long term support line in this area, matching the 50% Fib retracement and the red upper neck line should also be right on the spot. This are three major supports all coming to 1.04. We certainly are going to test this level next week, but watch for the rebound.
I would look at selling around 1.0450 initially, with a target profit at the 1.04 level, as my first play. A closing candle below 1.04 would be a major indication, but I would then wait for the rebound to go short again.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out