EURAUD I Approaching strong reversal zoneWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
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Audanalysis
Forex Update: AUDCHF continuation watch.Today's focus AUDCHF
Pattern – LH - Continuation
Possible targets – .5920 .5875
Support – .5951
Resistance – .5875
Indicator support – MA sloping down, CCI 0 Cross
Hi and welcome to today’s update. Today we are watching the AUDCHF and wondering if we will see a new continuation lower that will maintain the current downtrend. Yesterday buyers made a solid move after the RBA rate hike but the move was cut down through the US session. We have run over the triggers we are looking for to confirm our continuation idea and watch to watch out for what could invalidate this idea.
Another factor could be tomorrow morning’s FOMC. If this ends up giving the AUD a boost it could invalidate the the signs we are seeing currently. The FOMC will be released at 4:00 am AEST Thursday morning.
Thanks for stopping by. Good trading, and have a great day.
⭕️SELL AUDNZD ; It's time to sell ❗️👌🏻🔰You see the analysis of the Australian Dollar to New Zealand Dollar in four hours ( AUDNZD , 4H) ❗️🔎
🔰SELLAUDNZD at 1.08930
✅TP ; 1.07750 (+118 pips)
❌SL ; 1.09340 (-41 pips)
📊R/R ; 0.34 (This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐)
🔰The price has started to fall from a supply area, then has broken the yellow uptrend line and pull back it. Sales in this area can be low risk. The target is placed at the cross of the demand range and the white upward trend line and orange support. .💰🧐
⚠️⚠️🔥Take a look at AUDNZD Analysis step by step on YouTube🔥⚠️⚠️
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________
⭕️SELL AUDCHF ; Its time to sell❗️🔰You see the analysis of the AUDCHF in one hour ( AUDCHF , 1H) ❗️🔎
🔰SELL AUDCHF at 0.70590
✅TP ; 0.69900 (+69 pips)
❌SL ; 0.71000 ( - 41 pips)
📊R/R ; 0.59(This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐)
🔰SELL AUDCHF at 0.70590
✅TP ; 0.68970 (+162 pips)
❌SL ; 0.71000 ( - 41 pips)
📊R/R ; 0.25(This number is derived from the division of Risk to Reward and must always be less than one, and the less it is, the better🧐)
🔰Due to the presence of the price in the range of sales supply in this region, the goal of confluence of white uptrend line and orange support line seems to be low risk.👌
In case of breaking the white uptrend line, there is a possibility of further downtrend and it is likely that the orange support line and demand range and white uptrend line will decline.❗️❗️
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________