Currently, AUD/USD is trading at 0.6938. The pair is trading in an up trend from 19th May after breaking resistance level at 0.6544. Although, the pair has already touched its first target at 0.6777 and the second target at 0.6921. Now the pair is hovering in the resistance zone and soon it may come in a down trend. Do follow us for future Forex trend...
Here is my full wave count on AUDUSD. Wave (5) in the current main wave with another five sub wave in it. In the sub wave, wave 3 is currently active. The five wave (sub) of wave five becomes invalid only if price settles below 0.65123. Please leave a like if you agree with this setup.
A potentially great long opportunity on AUDUSD. My long bias will become invalid IF price settles below 0.65656.
->>>>>> If you are an investor and you are interested in our quality service <<<<<- We are ready to manage your Portfolio or your trading accounts Special returns monthly - Safe Service - number #1 in Africa Contact us on Telegram: @medalmahe Contact us on this email
OANDA:AUDUSD forming a reversal pattern on a 4 hourly chart which can show a huge downtrend on AUDUSD. But right now we are still on a uptrend.
The strong upward trend in AUDUSD seems to want to continue, as can be seen in the chart above. I expect the upward move of AUDUSD to continue in the near term, and test the next resistance level of 0.65350, which is where I have placed my take-profit target. I expect some volatility in this pair with the upcoming CPI news announcement for AUD.
Purpose of idea: To complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Technically, the pair sellers are catching a breath around 0.6100 marks ahead of targeting 0.6000 psychological magnets. On the upside, The monthly support-turned-resistance around 0.6185 acts as the immediate resistance and take profit target.
Thanks for Taking Interested in my Trading Idea. AUDUSD: FALLING WEDGE IN MONTHLY TIME ZONE Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
Like this idea? Like, Share, Follow, and Support this channel for yet better content. Thank you and happy trading.
Like this idea? Like, Share, Follow, and Support this channel for yet better content. Thank you and happy trading.
Title : AUD/USD Buy SIGNAL Asset : FOREX Symbol : AUD/USD Type : Market buy Time Frame : H4 Entry Price 1 : 0.66780 Entry Price 2 : 0.66680 Stop Loss : 0.66510 Take Profit : TP 1: 0.67080 TP 2: 0.67280 TP3: 0.67580 Status : active