SignalSwiss
Long

AUDUSD: KEY RESISTANCE AT 0.7631

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
2577 10 98
The RBA cuts interest rates by 25bp, but the market prefers to look to the good economic data released through fine the month of June and July. Technically speaking, the trend remains bearish , at least at low TF, but the post-announcement move could leave open the door to a test of resistance around 0.7630 during the next 2-3 sessions (attention to Friday's NFP). As long as the price remains above 0.7520, the trend remains bullish constructive. If you took long position this night, around low, put stop in BE is let your profits run. (Rule # 1 of technical analysis ).

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Comment: FOLLOW THE BULLISH CHANNEL FOR MANAGED YOUR LONG POSITION

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Trade closed: target reached: we take some profit on resistance..... but take open rest of position

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Comment: CRITICAL AREA: We'll monitor daily closing
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Comment: BULLISH TARGET NO YET! TREND SILL STRONG BULLISH

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what's the next? any ideas? :)
+1 Reply
How to test a resistance break? In this case, the resistance is daily, so you have to wait for the daily close. Another element: Monitor MPP and WPP.
+1 Reply
Hello everybody :)
Please find a nice analysis
Good luck.
+2 Reply
SignalSwiss PRO LaiptaiCervinskas
thank you for share!! good luck you too! :)
+1 Reply
take some profit around the resistance?
+1 Reply
go...go.....gooooo....... :)
+1 Reply
My view: D point on Weekly trendline @ 0.7785, but we need to break that intraday trendline.

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+2 Reply
Nice chart!!! thanks for share Uran0s!! :)
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