First of all hello all long time ago I post somthing audusd. we consolidated at 94-92 for a long time we spiked to round number 95 and was rejected there heavily and formed false breake . We have daily divergence. We have touch of round number we have hit of parallel channel uper level. And still no higher hi no higher low. So this pair is negative for me now . Target red trend line and offcourse 92 level on breake of that level support around 90-91 lower we should test low at 87
Comments
nmike
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....nice one :)
GcNaif
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ditto (same as nmike) comment
mantasg
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Ok lads quick update audusd just hit inportant level for me I am not shorting it anymore probally leaving alone for more clear setups
mantasg
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So trend line hit but this hit just comfirmed my negative view on audusd probally we will consolidate here for a while before moving somthere but still expectations are to hit 92 the main support on this pair now
Technician
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Looks vulnerable for me as well, and a break below 0.9325 support would confirm it in my view . Best of luck