AUD/USD technical analysis

#17
Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.

audusd.jpg
 
#21
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.
Ok, thank you for pice of advise)
 
#25
Right now, I can’t see the entrance for opening a deal on the asset, so I’ll wait until the price reaches one of the levels, and then I’ll make a decision.

audusd.jpg
 

tomorton

Legendary member
7,122 921
#29
Went long 01/07 using breach of 50EMA and prior day's hammer as bullish indicators. Probably a bit late to open new long right now.
 
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