AUDUSD > Bearish trend strengthens
Expecting Bearish trend to strengthen wilh firm breach & hold below key support level @ 0.7782
Breach likely to open path toward 0.7571 level
Expect only a firm break & hold back above 0.7848 @ 50% fib, can return Bullish trend.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Expecting Bearish trend to strengthen wilh firm breach & hold below key support level @ 0.7782
Breach likely to open path toward 0.7571 level
Expect only a firm break & hold back above 0.7848 @ 50% fib, can return Bullish trend.
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Comment:
Break & Hold above 0.7937 will confirm Bullish trend back in play.
Order cancelled:
RSI showing slight rebound in Bullish trend, believe correctivness in previous reaction. SELL pending order cancelled.
Comment:
Firm break & hold above 0.7860 signals test to 0.7900/37 level
Comment:
Although I am now standing aside on this pair, believe still good chance for bullish trend to gain momentum toward 0.7900 levels.
Break & Hold above pivot point @ 0.7860 is key. Strong break/hold above 0.7937 will serve as confirmation for continued rise. - IMO
Break & Hold above pivot point @ 0.7860 is key. Strong break/hold above 0.7937 will serve as confirmation for continued rise. - IMO
Comment:
Bullish no more. Standing aside.
T/P @ 0.75812
Total Target = 186 pips