Long AUDUSD

Jun 09, 2017 at 08:56
Przeglądane 499
4 Replies
Uczestnik z May 19, 2014   4 postów
Jun 09, 2017 at 08:56
AUDUSD pair still has scope one more leg higher towards 7600/7660,We don’t like selling the pair either as higher degree trend is bullish

BUY AUDUSD

@0.7500/0.7470

Target: 0.7590/0.7640
Stop loss: 0.7450

gud luck !

#forextuitions

Załączniki:

15 to 25% returns
Uczestnik z May 19, 2014   4 postów
Jun 09, 2017 at 08:56
lalitmatta
15 to 25% returns
Uczestnik z May 09, 2017   33 postów
Jul 09, 2017 at 07:15
The AUD/USD pair is making minor-recovery attempts from a sharp drop to 0.7570 levels, although remains vulnerable amid widespread risk-aversion and broad-based US dollar recovery.

At 0.7582, the pair finds the immediate resistance at 0.7600 (key resistances) above which gains could be extended to the next hurdle located 0.7632 (10-DMA) and 0.7687 (Jul 4 high). On the flip side, the immediate support is located at 0.7567 (weekly low). Selling pressure is likely to intensify below the last, dragging the Aussie to 0.7539/22 (100 & 50-DMA) and below that 0.7511 (200-DMA).
Uczestnik z Mar 06, 2013   1 postów
Aug 15, 2017 at 07:25
Yea in the longer run (monthly frame) it will go long.

But for now, it will retract till 0.7670ish before going long again.
Uczestnik z Apr 09, 2014   834 postów
Oct 16, 2017 at 07:26
The pair is consolidating around 0.788 level, risk remains on the upside, 0.79 is a key level break above would lead to further gains.
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