olly48

AUD/USD Still Hovering Around Support

FOREXCOM:AUDUSD   Avustralya Doları / ABD Doları
This is still holding up around the support level. Its still looking quite bearish to me so it could break lower to the next support which aligns with 0.5 Fibonacci. If this happens anywhere between 0.382 and 0.5 FIb could be a good buy area but we would still need to wait for confirmation in the form of a rejection.

If the current support continues to hold then we need to see a clear rejection from this level and a more bullish setup on MACD and EMA's before entering a long to the target of 0.80500 to 0.81360
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.