AudUsd- 0.7 zone is STRONG supportI call for this drop for quite some time and finally, Aussie corrected...
Now, with the pair just above important 0.7 support and in a clear uptrend in the long run, I expect at least a rebound if not a resumption to long term trajectory.
I'm looking to buy for 0.72 target
Audusdbuy
Long Position on AUDUSD 4HHello Traders!
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🚀BUY Execution according to the market.
-------------------------👇🏻👇🏻Look the running swing trades below👇🏻👇🏻
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AUDUSD - SWING - 21. SEPT. 2020Welcome to our weekly trade setup ( AUDUSD )!
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1 HOUR
Very bearish price action towards previous support.
4 HOUR
Good long entries following mid term trend.
DAILY
Overall sideways moving market structure!
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FOREX SWING
BUY AUDUSD
ENTRY LEVEL @ 0.72830
SL @ 0.72590
TP @ 0.73350
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUDUSD AT THE VERGE.**ENG**
- Price reaching our current Higher High, we can see that the price is overextended and overbought.
- The best to do now is to wait for a lower timeframe confirmation of a reversal and enter then.
- If price breaks this level, ket the price consolidate first before entering long.
**PT**
- Preço a alcançar o nosso higher high atual, podemos também ver que o par está overextended e overbought.
- O melhor para fazer de momento seria baixar o timeframe e aguardar por uma confirmação de short.
- Caso o preço quebre, aguardar por uma consolidação antes de entrar long.
AUDUSD 4-hour chart analysis, uptrend continuation is likelyAUDUSD market structure is bullish. Price is also above the 100-period EMA on the 4H Chart. Price bounced up from the previous low. It is likely that the uptrend may continue to 0.7220.
I have already bought at 0.7100 and would be looking to add more buys if the price dips towards the buy area again. My TP is 0.7220 and SL is at 0.7047. Expecting a continuation of the uptrend beyond 0.7200 levels.