Potential to buy can be considered from current level with target ~148-149 Confident sell: under ~142 Confident buy: above ~150
I think level ~1.20 is good zone for buy according to monthly support and strong oversold the pair.
Until key resistance 1.05 not broken I'll waiting the move down for AUD and I'll buy this pair at level ~1.03. Why not?
Price is near daily uptrend, resistance ~0.7140, and 0.382 fibo. It is a very good chance, I'll take it
Wait pullback to the neckline, and we can sell under ~0.695 after breakout of support www.forex-tribe.com
I think we have good signals for sell with target ~111.0
Double bottom is a good reason to buy after break downtrend. But we will have good reason to sell after repulse from the upper boundary of the downward channel .Who will win? See this fight in the next days
More than 500pp with minimum risk after kiss on the top. Is it real?)
Perhaps we have critical point on the downward chanell bondary in the next days. RSI, Stochastic, MACD indicate beautiful signals for bears. And we have strong divergence on 4H. I'm waiting more red candles on 4H and I'm ready for agressive sell.
I think the pair touched a key resistance level ~1.2780 and will try break it once more. Anyway I'm waiting continuation of downward trend while we are under this level.
The pair formed a symbolic triangle. I think we'll have move down in future based on the daily downtrend with target ~0.700.
We border on the downlink channel, the resistance is carried out at daily downlink.
This is fifth strong divergence at last six months. We can see potential move down to the nearest support level 0.382 fib ~0.995 after break flag on 30M Potential minimal profit is 150 pips
If the pair breaks the resistance ~1.06 we can buy with targets on the picture.