Valid from October 10th to October 16th Entry = 0.87850 Stop loss = 0.87300 Take profit = 0.88400 Expected profit = 55 pips Risk = 55 pips
Valid from October 09th to October 17th Entry = 1.64132 Stop loss = 1.64812 Take profit = 1.62856 Expected profit = 127 pips Risk = 68 pips
Valid from October 8th to October 15th. Entry = 1.09300 Stop loss = 1.08800 Take profit = 1.10300 Expected profit = 100 pips Risk = 50 pips
Valid from October 7th to October 11th Entry = 117.772 Stop loss = 118.272 Take profit = 116.960 Expected profit = 81 pips Risk = 50 pips
Valid from October 3th to October 11th. If the entry is given but stop loss and take profit levels are not reached before Friday October 11th 2019, close trade manually. Entry = 1.00320 Stop loss = 1.01220 Take profit = 0.98820 Expected profit = 150 pips Risk = 90 pips
Valid from October 2th to October 4th. If the entry is given but stop loss and take profit levels are not reached before Friday October 4th 2019, close trade manually. Entry = 1.09829 Stop loss = 1.10247 Take profit = 1.09292 Expected profit = 53 pips Risk = 46 pips
Bearish channel is finishing and currency is going to breakout soon. (B) level shows an important rejection so it is recommended to look for a bullish breakout. In addition, the Central Bank of Australia (RBA) made no change in interest rates yesterday and the currency is actually oversold, so an increase in demand is expected.
D1 time frame shows a clear bearish channel. It is recommended to start selling at 0.84741 (C2) until price will be close to 0.81248 (D). (D) level is a strong demand level, so when the price will test this level start buying.
Important rejection at 1.28801 (C). A, B and C levels build a bullish channel. It is recommended to start buying until the price reaches the resistance of bullish channel at 1.36132 (D).