AUDUSD > Levels to Watch

AUDUSD > Bearish trend strengthens

Expecting Bearish trend to strengthen wilh firm breach & hold below key support level @ 0.7782
Breach likely to open path toward 0.7571 level

Expect only a firm break & hold back above 0.7848 @ 50% fib, can return Bullish trend.

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Komentarz:

SELL Entry Order placed @ 0.77672
T/P @ 0.75812
Total Target = 186 pips

Komentarz:

Break & Hold above 0.7937 will confirm Bullish trend back in play.

Anulowano zlecenie:

RSI showing slight rebound in Bullish trend, believe correctivness in previous reaction. SELL pending order cancelled.

Komentarz:

Firm break & hold above 0.7860 signals test to 0.7900/37 level

Komentarz:

Although I am now standing aside on this pair, believe still good chance for bullish trend to gain momentum toward 0.7900 levels.

Break & Hold above pivot point @ 0.7860 is key. Strong break/hold above 0.7937 will serve as confirmation for continued rise. - IMO

Komentarz:

Bullish no more. Standing aside.