FxWirePro
Long

Aussie forms triple bottom around 0.7250, targets 0.7360/0.740

FX:AUDUSD   Australian Dollar/U.S. Dollar
319 0 9
AUD/USD             has formed triple bottom around 0.7250 and recovered from that level on account of better than expected Australian retail sales .

Retail sales come in 0.7% compared to forecast 0.4% .Market awaits RBA rate decision later today which is major market mover .

Technically major support is around 0.7250 and any break below targets 0.7230/0.7190 in short term.

On the higher side resistance is around 0.7300 and any break above target 0.7360/0.7400 .

It is good to buy at dips around 0.72915 with SL around 0.7245 for the TP of 0.7355/0.7395.
Ideas Scripts Chart
United States
United Kingdom
India
España
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 Billing Sign Out