Neon

AUDUSD Roadmap May 2017

Neon Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
7
Multi year resistance ahead
Comment:
Important level was just overtaken. Good move so far
Comment:
Breakout from ST downtrend
Comment:
Last barrier is 55 wma
Comment:
First attempt at 55 wma was unsuccessful
Comment:
Net positioning is almost flat which is positive
Comment:
Lowering target to 0.79
Comment:
Approaching the multiyear trend resistance again
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.