AUDUSD SWING TRADE 11-OCTOBER-2020
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AUDUSD-Technical analysis
⚡️The price is well above the .50 Fibonacci retracement level
⚡️Previous double top formation will act as support for the BULL
⚡️.072762 will act as middle line resistance
⚡️Swing target would be around 0.73463
⚡️Price reach upper side of the Bollinger bands
⚡️200 Exponential moving average is acting as decent support for the BULL
⚡️Ichimoku cloud is still shows bullish trend and the Price is above the cloud
⚡️RSI has reached the over bought area around 30 we can expect short term downward correction
⚡️Upper side trend line as acting as major barrier for the bull
SWING TRADE -AUDUSD
BUY @ 0.72200
Take profit @ 0.73400
Stop lose @ 0.71360
120 Pips target
Don't risk more than 1% of your capital
AUDUSD-Technical analysis
⚡️The price is well above the .50 Fibonacci retracement level
⚡️Previous double top formation will act as support for the BULL
⚡️.072762 will act as middle line resistance
⚡️Swing target would be around 0.73463
⚡️Price reach upper side of the Bollinger bands
⚡️200 Exponential moving average is acting as decent support for the BULL
⚡️Ichimoku cloud is still shows bullish trend and the Price is above the cloud
⚡️RSI has reached the over bought area around 30 we can expect short term downward correction
⚡️Upper side trend line as acting as major barrier for the bull
SWING TRADE -AUDUSD
BUY @ 0.72200
Take profit @ 0.73400
Stop lose @ 0.71360
120 Pips target
Don't risk more than 1% of your capital
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