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Aussiedollar

GBPAUD - Potential Break and RetestI have been monitoring this pair for a while now for confirmation that it's bullish trend is over. Here we see price has broken the current support level which it has held for a week now. The cause being a positive result for AUD on this mornings RBA interest rate decision. GBP has shown strength at the start of the london session, I hope we will now see a reversal at the retest zone, for which I will await a bearish confirmation candle to confirm a break and retest of the prior support, and a continuation downward. Let's see how this plays out! ONLY if we see a solid rejection here will I be interested in shorting this pair. If so, I will look to target the 1.87 psychological level which appears to be an area of prior resistance-turned-support.
Short
by MMQ_FX
3
💡Don't miss the great sell opportunity in AUDJPY Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (84.480). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 48 Take Profits: TP1= @ 84.230 TP2= @ 83.970 TP3= @ 83.740 TP4= @ 83.440 TP5= @ 83.020 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
2
💡Don't miss the great sell opportunity in AUDJPY Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (84.480). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 48 Take Profits: TP1= @ 84.230 TP2= @ 83.970 TP3= @ 83.740 TP4= @ 83.440 TP5= @ 83.020 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
6