AUDUSD approaching resistance, look out for potential reversal!
AUDUSD is approaching its resistance at 0.68689 where it is could reverse down to its support at 0.68363.
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Losses can exceed the initial investment so please ensure you fully
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Audusdbuy
AUDUSD Market Outlook | Alchemy FX Weekly Breakdown.AUDUSD
Looking very bullish right now, 0.67 seems to be holding nicely as support. Overall AU is weak but for the time being it is looking bullish. I believe a retest of 0.69 could be coming next. Do we have enough pressure to continue climbing or will we roll over and retest 0.67 once more.
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AUDUSD approaching support, potential for a bounce!
AUDUSD is expected to drop to 1st support at 0.67740 where it could potentially react off and up to 1st resistance at 0..68345
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD - BUY BUY BUYYes correct.... AUDUSD is good for buy.
Bottom bollinger band is touching the candles means over bought situation and price already move up and price is retraced from fibo level 1. in the meantime if you see the RSI where ever price revised from 33.76 level price gone bullish.
Note: Trade at your own risk.
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AUDUSD approaching resistance, look out for potential reversal!
AUDUSD is approaching its resistance at 0.67125 where it is could reverse down to its support at 0.66732.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD SHORT TERM LONGHey traders, this setup is going long for some short term pips.
-There has been 4 touches on this key support level, all of which have had stop loss hunts as seen by the long wicks & dips.
-There is very little demand that would keep it at these levels as seen by the volume profile.
-I see the green box as a nice target price for this short term long.
Watch out though as this trade may sit in this yellow demand zone for a little and maybe even try to get another stop loss hunt.