AUDUSD – buyers have open position
AUDUSD – buyers have open position
Trend: Strong Buy
Support/Resistance:
R4: 0.70222
R3: 0.69921
R2: 0.69492
R1: 0.69172
S1: 0.68977
S2: 0.68695
Price action:
Buyers continued price very confident to the price level at 0.69126, where last daily candle closed. Buyers might relaxed for a while and give a chance to sellers to their first support. Overall market price is now at very good buyers position, which is more ment to buy Australian dollar then sell it.
Potencial trade idea:
Bulls targets:
T1: 0.69492
T2: 0.69921
T3: 0.70222
Bears targets:
0.68695
NOTE – We are trading AUDUSD via the preferred trading setups by EliteFxAcademy
Trend: Strong Buy
Support/Resistance:
R4: 0.70222
R3: 0.69921
R2: 0.69492
R1: 0.69172
S1: 0.68977
S2: 0.68695
Price action:
Buyers continued price very confident to the price level at 0.69126, where last daily candle closed. Buyers might relaxed for a while and give a chance to sellers to their first support. Overall market price is now at very good buyers position, which is more ment to buy Australian dollar then sell it.
Potencial trade idea:
Bulls targets:
T1: 0.69492
T2: 0.69921
T3: 0.70222
Bears targets:
0.68695
NOTE – We are trading AUDUSD via the preferred trading setups by EliteFxAcademy
Comment:
The trade is not valid yet.