FxWirePro
Short

AUD/USD slips below cloud, good to sell rallies

FX:AUDUSD   Australian Dollar/U.S. Dollar
226 0 5
0.72 is strong resistance for AUD/USD             ( trendline and pyshcological level), we would see bullishness only on breaks above.

Price action has dipped below daily cloud, Stochs and RSI have turned lower.

Risk-off in early Asian trades along with RBA Edward's comments knocked-off the AUD/USD             pair below key 0.71 handle.

Edward talked down the domestic currency, noting that he would be more comfortable with AUD/USD             at 0.65.

Immediate support on the downside is located at 0.7084 (Feb 17 lows), while immediate resistance is seen at 0.7148 (cloud top).

Good to sell rallies around 0.7120 levels, SL: 0.72, TP: 0.7085/0.7040/0.70
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out