FX:AUDUSD   Australian Dollar/U.S. Dollar
47 0 2
Technicals - Eyes 0.7387 (38.2% R)

  • Aussie’s dip below the inverted head and shoulder neckline, if followed by a 4-hour close above neckline again could open doors for 0.7387 (38.2% R of 0.8163-0.6907).

    On the other hand, a repeated failure to rise back above the neckline resistance would open doors for a sell-off to the support level of 0.7260.

    The odds of an upside move to 0.7387 are high as the pair has recovered from lows to trade above 0.7305 (100% Fib expansion of Sep 7 low-Sep 18 high-Sep 29 low)

Long 0.7306 Target 0.7387 Stop 0.7260
Trade closed manually: Profit booked at 0.7339
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder 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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out