AUDUSD is testing major support at 0.7781 (Fibonacci retracement, horizontal overlap support, ascending support) and a strong drop could occur from here if our ascending support line is broken with strength.
Our next major support is at 0.7717 (Fibonacci extension, horizontal swing low support) which is the level price could drop to if it breaks our support. It's also nice to see strong descending resistance line holding price down so well.
RSI (55) sees a short term bearish exit as a precursor of a potential drop.
Our next major support is at 0.7717 (Fibonacci extension, horizontal swing low support) which is the level price could drop to if it breaks our support. It's also nice to see strong descending resistance line holding price down so well.
RSI (55) sees a short term bearish exit as a precursor of a potential drop.
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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.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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.