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AUDUSD bullish
Miembro desde Sep 01, 2018
posts 18
Miembro desde Oct 11, 2013
posts 775
Miembro desde Oct 11, 2013
posts 775
Miembro desde Oct 11, 2013
posts 775
Oct 24, 2018 at 00:59
Miembro desde Oct 11, 2013
posts 775
The AUDUSD stays in a very good bearish channel, with a good support at the 55 day EMA. At the moment the pair consolidates around the 0.7100 level and even though the price may head in any direction, the pair may continue falling to the 0.7000 level.
Miembro desde Oct 25, 2018
posts 9
Oct 25, 2018 at 12:24
Miembro desde Oct 25, 2018
posts 9
AUDUSD could be bottoming now and start to head upwards but it would be a brave man to go long now. I would need a clear move upwards before committing any funds to that. I am still bearish on AUDUSD but may change if the price stagnates for a longer period
Miembro desde Oct 11, 2013
posts 775
Oct 26, 2018 at 01:36
Miembro desde Oct 11, 2013
posts 775
Indeed, the AUDUSD has lost its bearish momentum, but the downtrend is still in place in daiy chart. As long as the pair stays below the 55 day EMA, it could still drop some more. To the downside, the 0.7000 level could act as support. Above the 0.7100 level, the 0.7200 could act as resistance.
Miembro desde Jan 25, 2010
posts 1360
Oct 28, 2018 at 09:39
Miembro desde Jan 25, 2010
posts 1360
I'm Long AUDCHF... hope it stays bullish!
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