AUD/USD technical analysis

This is a discussion on AUD/USD technical analysis within the Forex forums, part of the Markets category; As the price has reached the level of resistance, I think that now it will go down and will pass ...

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Old Mar 5, 2016, 11:52am   #9
 
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As the price has reached the level of resistance, I think that now it will go down and will pass the 0.730637 mark.

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Old Mar 5, 2016, 4:17pm   #10
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Originally Posted by predator View Post
As the price has reached the level of resistance, I think that now it will go down and will pass the 0.730637 mark.

Attachment 220226

You're probably right that price will pull back from here but beware of labels like resistance. A label can make a thing seem more significant purely because it has a label attached. Resistance is where price stops rising because of previous market action, not where price simply stops for the weekend.
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Old Mar 8, 2016, 6:11am   #11
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Audusd

The AUDUSD could retrace to the 0.7400 level, but the area may act as support.
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Old Mar 8, 2016, 11:53am   #12
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There is a doji candlestick on the 1-hour time-frame, the pair will start rising again, I think.
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Old Apr 7, 2016, 12:37pm   #13
 
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Right now, I canít see the entrance for opening a deal on the asset, so Iíll wait until the price reaches one of the levels, and then Iíll make a decision.

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Old Apr 15, 2016, 8:57am   #14
 
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I think that AUD/USD asset will go up.

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Old May 9, 2016, 2:08pm   #15
 
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There is a bearish trend developing on AUD/USD pair.

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Old May 13, 2016, 2:16pm   #16
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AUD/USD broke below the weekly support at 0.7320, its next target is likely around 0.7200.
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