Audusdbuy
AUDUSD approaching support, potential for a further rise!
AUDUSD approaching support at 0.68530 where it could potentially rise further to 0.68981.
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AUDUSD potential reversal!
AUDUSD expected to rise up to 1st resistance at 0.68906 where it could potentially react off and drop down to 1st support at 0.68589.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
AUDUSD Market Outlook | Daily Forex Market BreakdownAUDUSD
AU pulling back nicely. I have been calling AUs movement pretty well, I would have liked for it to come a bit lower. It is at a very interesting level right now we are currently retesting the trend line and previously mapped out support. Keep in mind that around trend lines there tends to be a lot fo confusion in the market. AU is kinda at a make it or break it level so we will be watching very close. Possible signals soon.
AUDUSD Market Outlook | Daily Forex Market BreakdownAUDUSD
over all AUD is creeping lower and lower, remember we have AUD news so we have to keep that in mind. I feel were going to push lower to retest support giving us a clean entry to take a long. This might be my favorite set up for the time being. If we keep climbing from here no problem, we will just wait for a clean pull back for a nice long entry!
#AUDUSD, Signal with short destinationsA descending channel with clear lines of support and resistance.
This is a signal that is trying to flow with the price correction.
The Ichimoku cloud in the daily graph has changed to a bullish graph.
The Stochastic Indicator in Oversold and the exact moment when it is best to buy.
Target: 0.6833