Aud/usd

[predator]

Aud/usd

 

[predator]

I can see an excellent entrance to the AUD/USD market after reaching the 0.71100 level. The price will go down.

 

[mlawson71]

If it breaks below the support at the previous low at 0.6908 the bearish trend will continue and it will be time for new shorts.

 

[fxstrategist]

Audusd

Retracement on the AUDUSD to the 0.6980, but the bearish trend is still in place. Next support could be the 0.6896 level.

 

[gerryg]

US Dollar is getting strong after hike it will strengthen to its peer through the year. Stop wasting time on that colored drawings on your chart. Just enter short 0.01 AUD/USD and check the order near end of 2016

 

[predator]

I suppose that the price will turn after reaching the 0.70940 level.

 

[dianajs]

You're right, it did. The question is whether the downward trend will continue now or is this just temporary.

 

[arigoldman]

This pair can be confusing alright!

 

[mlawson71]

I think AUD/USD may have formed a double bottom. If that's the case the pair will start rising.

 

[fxstrategist]

Audusd

Good bullish exhaustion on the AUDUSD. The pair starts the session by heading higher at the beginning and reaching a high around 0.7049, only to drop back down and stalling its pullback for now.

 

[dianajs]

It's still consodating, but I think it might climbg to 0.6980 again.

 

[fxstrategist]

Audusd

The AUDUSD pulls back to the 0.6900 zone, but the bearish trend is still in place.

 

[predator]

I can see two scenarios here – the basic (1) and alternative (2).

 

[fxstrategist]

Audusd

Oscillation on the AUDUSD around the 0.7100 level, price may go in any direction but attentive to a possible resistance zone around the 0.7200 level, or support around the 0.7000 level.

 

[predator]

I think that the price will reach 0.70752 level. After that, the price will return to the level of 0.72557 or further.

 

[arigoldman]

Consolidation at the moment...

 

[mlawson71]

It's been consolidating for weeks now, I don't think that will end anytime soon.

 

[dianajs]

A breakout above 0.7370 might be a signal for a reversal of the bearish trend.

 

[predator]

I think that AUD/USD asset will go down.

 

[dianajs]

There might be some retracement but I don't think that's the end of the rally.