AUDUSD
AUDUSD rose back to the range 0.64461 - 0.65490 and confirmed the temporary uptrend. The price most likely will correct to its MA8 today before any attempt to break the resistance at 0.65490 is made. However, DXY which is still sideways has the potential to make AUDUSD fall again and land at support at 0.64461.
Possible to take
Doing a BUY does not get a good RR.
R3 0.66535
R2 0.65720
R1 0.65490
PV 0.64461
S1 0.63828
S2 0.63112
S3 0.62548
AUDUSD rose back to the range 0.64461 - 0.65490 and confirmed the temporary uptrend. The price most likely will correct to its MA8 today before any attempt to break the resistance at 0.65490 is made. However, DXY which is still sideways has the potential to make AUDUSD fall again and land at support at 0.64461.
Possible to take
Doing a BUY does not get a good RR.
R3 0.66535
R2 0.65720
R1 0.65490
PV 0.64461
S1 0.63828
S2 0.63112
S3 0.62548