FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
469 views
10
Looking for a move up to outside of upper value on AUDUSD . Price has consistently been supported by the 200DMA and we have had a break of a long term weekly trendline beginning in 2013. In addition, we have a Wyckoff bottom that has formed with completion at target indicated. Gold also looks like it could have a bullish run as I feel that the dollar bull run is unsustainable. First major resistance is at 7830 AUDUSD . Major downside risk at 7250. I would be inclined to add at a rounded test of 7830 to the downside. More passive traders may wish to take some off the table.

Comments

Stopped
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out