AUD/USD consolidating above 0.79 levels,good to sell on rallies

FX:AUDUSD   Australian Dollar / U.S. Dollar
212 0 3
AUD/USD             has shown a slight jump till 0.7930 after Sunday’s PBOC interest rate cut. The PBOC cut’s its key policy rate by 25bpbs to 5.1% on Sunday. PBOC lowered rates further to address growth risks.

Technically AUD/USD             is struggling to hold above 0.7930 and declining from that level. Short term is weak as long as resistance 0.7970 holds.

The pair’s minor resistance is around 0.7935 and any break above would extend gains till 0.7970/0.8000.

Indicator (1 Hours chart)
CCI (50) - Sell

CCI (14) – Sell

Ichimoku- Neutral

It is good to sell on rallies around 0.7920 for the target of 0.7785 with stop around 0.7970
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out