fxww42

AUD/USD GAME PLAN: BUYER ON DIPS FAVOURED, 0.9140/50 NEXT TARGET

FX:AUDUSD   Australian Dollar/U.S. Dollar
53 0 1
Following Monday’s price action, turning into a buyer on dips makes more sense now. On the downside, and barring any major surprise by the RBA minutes (unlikely to sound too dovish given recent statements), first buy area stands circa .9070, with two parallel upper trendline (inner/outer) potentially potentially adding confluence. Another buy area is .9040/50 (ascending trendline from March 12 low thru March 17 low) ahead of 0.8990/.90. To become sellers, the only area I am interested on would be the convergence of key levels at .9140/50.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out