Aussie is bullish. 4H bearish trend has been broken. Now is testing the breakou creating a bullish trend. We should see rising scenario till the resistance level. Then we must wait for a breakout and pullback till the support.
Pair is on a berish triangle pattern. Waiting for a breakout( probably bearish) to go short till 0,995 level, wich coincide with the last minimum price. Also, RSI has showed the same patter with a 61,8 of fibonacci retracement. Patience
Price is on a bearish trend. 61,8 of fibonacci retracement has been rejected. Now waiting for a breakout of the 4H trend to go short till 0,7340 aprox. Then, if this minimum level is broke, we have another potential short.
Bullish divergence has formed at RSI. Now waiting for bullish breakout of the trend to open a long position till 61,8 fibonacci retracement, wich coincide with a resistance level. Then, we have to see how price develops.
Pair showed a breakout of the hourly bullish trend. In daily frames, we have a bullish structure. So we can expect some bearish movements till 82,1(aprox), wich coincides with support level and 61,8 of fibo retracement. Then, if price stops, we will see another bullish scenario.
Price is hitting a daily bearish trend.Also, 61,8 fibonacci retracement has been rejected. Now waiting for a breakout of 4H bullish trend to go short till 111,50 aprox. Then, we can expect another bearish breakout.
Price rebounded again on a support level. Now waiting for possible SHS structure. If price stops in the next resistance level, price could be drop till the neckline and then, if it breaks, till the next psico support level(1,000)
Price is oversold in day frame and showing some divergences in RSI, what indicates a probably bullish breakout. Only if price makes a bullish breakout, we could project the pair till 61,8 fibonacci retracement.
Price hitted Daily support area with an oversold RSI. Probably we will see some rebound on this pair till the hourly trend.(0,752 aprox). Then we should wait for a breakout to project the bullish movement till the next maximum level(0,758).