Quick idea.
AUDUSD bulls are having a good time right now and they are pushing the rate above the 200-day EMA. This year has not been the best for the bulls, as from around the end of January 2019 the pair was on a gradual slide, struggling to make its way above the 200-day EMA.
We are now looking for a throwback in order to look for a possible LONG. But we will have to keep an eye the short-term upside support line and the 200-day EMA. If the rate continues to balance above them, then we will continue targeting the upside.
Please see the chart for details.
Don't forget your stop-loss.
AUDUSD bulls are having a good time right now and they are pushing the rate above the 200-day EMA. This year has not been the best for the bulls, as from around the end of January 2019 the pair was on a gradual slide, struggling to make its way above the 200-day EMA.
We are now looking for a throwback in order to look for a possible LONG. But we will have to keep an eye the short-term upside support line and the 200-day EMA. If the rate continues to balance above them, then we will continue targeting the upside.
Please see the chart for details.
Don't forget your stop-loss.
Not
Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages.Trader’s Espresso – 07:00 GMT
Trader’s Tea Time – 14:15 GMT
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.