Audusdbuy
AUDUSD and Buy Area (23/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
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The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
AUDUSD - SWING - 29. JUNE. 2020Welcome to our weekly trade setup ( AUDUSD )!
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1 HOUR
We opened bullish, expecting another push.
4 HOUR
Sideways market its its lows, we need a rise in price.
DAILY
Overall great long positions, market about to move upside.
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FOREX SWING
BUY AUDUSD
ENTRY LEVEL @ 0.68690
SL @ 0.68150
TP @ 0.69555
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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ALAN
AUD/USD Price Outlook: Looking at the Bearish ScenarioAUD/USD is currently in a trend reversal phase. Currently the price is in a very important area. If this line is broken by the bears, then I expect more downtrend in AUDUSD upto 0.6670.
Since I have a bearish bias on this pair, I will be watching for a break of this line before putting new sell trades.
AUD/USD Price Outlook; Bears confirmed?AUD/USD has done a very strong rally over the last 3 months. But, it seems like a reversal has happened in AUD/USD. Repeated Failures to break the 0.7070 level has strengthened the bears.
Looking at price action, the chance for a drop to 0.66 is increasing. So, the best trading plan would be to sell the rallies.
AUDUSD approaching resistance, look out for potential reversal!
AUDUSD is approaching its resistance at 0.68354 where it is could reverse down to its support at 0.65568.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.