FxWirePro
Short

Short AUD/USD break below 0.7490, target 0.7420

FX:AUDUSD   Australian Dollar/U.S. Dollar
256 2 18
AUD/USD             downside finds strong support by 110-EMA at 0.7494.

Momentum studies are bearish , break below 0.7494 targets 0.7420.

Daily price action             has dipped into daily cloud.

Recovery attempts were weak, pair unable to hold gains at 0.7533.

Major support levels - 0.7494 (110-EMA), 0.7420 ( double bottom July 27 and June 9), 0.74, 0.7380 (200-DMA).

Major resistance levels - 0.7525 (cloud top), 0.7561 (50-DMA), 0.76 ( trendline ), 0.7627 (20-DMA).

Good to short break below 0.7490, SL: 0.7530, TP: 0.7420/ 0.74
https://www.tradingview.com/chart/5CJPo4qW/
Reply
Daily chart USD Index in my point of view. Still going uptrend till 98/98.25 finishing wave 5 before drop. Best wishes for your idea
Reply
United States
United Kingdom
India
Deutschland
España
France
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out