The Australian dollar pair against the US dollar , and finds strong support there to now show some bullish bias, influenced positively by stochastic indicators, heading towards achieving immediate gains that may reach 0.6468 .
From here, we expect to witness further rise in the coming sessions, keeping in mind that breaking 0.6400 will put pressure on the price...
AUDUSD
Thus, we expect to witness more bearish inclinations during the coming sessions, supported by the negative pressure formed by the EMA 50
stabilizing above 0.6606 will support rising to touch 0.6640 then 0.6694 then 0.6724
stabilizing under 0.6542 will support falling to touch 0.6501 and then 0.6469
Resistance prices: 0.6640 & 0.6694 & 0.6724
Support...
AUDUSD
stabilizing above 0.6606 will support rising to touch 0.6640 then 0.6694 then 0.6724
stabilizing under 0.6542 will support falling to touch 0.6501 and then 0.6469
The movement will be between 0.6602 and 0.6542
Resistance prices: 0.6640 & 0.6694 & 0.6724
Support prices: 0.6501 & 0.6469 & 0.6440
tendency: bearish
timeframe:4H
AUDUSD
stabilizing above 0.6606 will support rising to touch 0.6640 then 0.6694 then 0.6724
stabilizing under 0.6606 will support falling to touch 0.6542 and then 0.6501
the condition is closing 4h candle under 0.6606
Pivot Price: 0.6606
Resistance prices: 0.6640 & 0.6694 & 0.6724
Support prices: 0.6542 & 0.6501 & 0.6469
tendency: bearish
timeframe:4H
Moving AS Expected AS WE predicted
Now Showing Again Bulish Signs
Descending Broadening Wedge BREAkout has already done retest in process incase of successful retest expecting another bulish impulse
not good for eurusd gbpusd btcusd audusd nzdusd gold
MY ANALYSIS > SRT , PRICE ACTION , INSTITUTIONAL ORDER BLOCKS AND FIB RETRACEMENT
MY PRICE PREDICTION FOR AUDUSD IS 0.80000 (SHORT TERM BUY IDEA)
CURRENT MARKET IS ON A STONG UPTREND.
POTENTIAL BUY OPPORTUNITY IS AT 0.76908
INSTITUTIONAL ORDER BLOCK LEVELS ARE 0.73142 – 0.77883 – 0.80800
THANK YOU
