FX:AUDUSD   Australian Dollar / U.S. Dollar
195 2 3
•RES 4 :0.7938 (Mar 24th high)

•RES 3: 0.78880

•RES 2: 0.7840 ( Apr             17th high)

•RES 1: 0.7798 ( 61.8% retracement of 0.7840 and 0.7680)

PRICE: 0.7805 @ 9:25 GMT            

•SUP 1: 0.7770

•SUP 2: 0.7735 (20 day HMA )

•SUP 3: 0.7695 (200 day HMA )

•SUP 4: 0.7660 ( 61.8% retracement of 0.755 and 0.7840)


AUD/USD             has retraced almost 61.8% from the low of 0.7680 due to higher than expected CPI             data. Headline CPI             rose 0.2% mom, 1.3% yoy in Q1, slowed from prior quarter's 1.7% yoy.

Short term trend is bullish as long 0.7695 holds. On the upside minor resistance is around 0.78355 ( 61.8% retracement of 0.8025 and 0.75322) and any break above will target 0.7880/0.7938.

Overall trend bearish invalidation only above 0.7938

On the downside minor support is around 0.7750 and break below will drag the pair further down till 0.7730/0.7695.

Indicator (1 hour)

Woodies CCI (14) – Buy

CCI (50) – Buy

Ichimoku-Buy

It is good to buy at dips around 0.7750 for the targets of 0.7835/0.7880 with stop around 0.7695.
going long are we... hahaha... opps.
Reply
FxWirePro DJ_RickStoner
Told to buy at dips only
Reply
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