AbsoluteWillid

AUDUSD Daily Projection 04/08/22

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD

AUDUSD is trying to fight back the temporary downtrend by rejecting the price at its MA100 and trying to break through the MA20. Resistance 0.69692 will determine whether AUDUSD can fight back and restore its uptrend or even go back down through the 0.69292 support which is also its MA100 and land at support 0.69014.


We will look for more definite momentum after there is a definite trend.

R3 0.70185
R2 0.69913
R1 0.69692
PV 0.69292
S1 0.69014
S2 0.68539
S3 0.68043

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.