Foxinlondon

Foxinlondon

Ahead of Australian data tonight - Cash Rate and RBA Statement If close above 0.77 0 long position to 0.784

Foxinlondon

1.05 - key resistance level Bullish outcome: 1. Daily close above level 1.05 - targeting levels 1.056, 1.063 and 1.078 above it. 2. Close above 1.05 - go to 1.056, then bounce back off 1.05 and up again to 1.063 and possible above it. 3. Bounce of around 1.045 and then close above 1.05 Alternatively bearish daily candle closing below 1.045 and open the way to...

Foxinlondon

0.985 - important strong support level Bearish scenario: daily close below 0.985 will open the way to 0.97 (200 EMA on Weekly time frame, long term uptrend line). Bullish: reversal around 0.985-0.99 and close above 0.995 - profit targets at 1.004, 1.0155 and 1.0345 Situation similar and correlated to DXY.

Foxinlondon

Daily close below 98.85 - bearish scenario to 97.85 and next below - 96.40. Daily close above 100.97 - bullish scenario to 101.97 and 103.82

Foxinlondon

Daily close below 99 zone will open the way to 97.77 and 96.33 Alternatively it will bounce of 99 and go back to 99.75

Foxinlondon

Close below 1.31 - sell signal

Foxinlondon

Short to 1.302 and 1.289 Alternatively long above 1.316 level to 1.332

Foxinlondon

Short from 100.70 to 99.85

Foxinlondon

Head & Shoulders?

Foxinlondon

Dollar Index reversing inside bullish flag