FxWirePro
Long

AUD/USD breaks minor resistance at 0.7230, good to buy dips

FX:AUDUSD   Australian Dollar / U.S. Dollar
158 0 4
AUD/USD             is currently trading around 0.7250 levels, intraday bias is higher.

After a brief dip below 61.8% Fib at 0.7212 on May 19th, the pair has pulled back above.

On the 2-hourly charts, the pair has broken minor resistance at 0.7230, we see scope for gains upto 0.7290.

Immediate resistance is located at 0.7249 (5-DMA), break above will next next hurdle at 0.7280 and then 0.7286 (10-DMA).

Supports on the downside are seen at 0.7225 ( trendline ), 0.7212 (61.8% Fib) and then 0.72 levels.

Break above 0.73 could take the pair to 0.7360 levels. Weakness to resume on break below 0.7210.

Good to buy dips around 0.7240/50, SL: 0.7210, TP: 0.7280/0.73/0.7360
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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