AUDUSD 0.7127 – bearish – Minor double top suggests scope for lower
AUDSD reached .7274/.7279 (17/18 September highs) where the tough resistance cluster managed to cap the pair. Subsequent decline below .7137 (September 17, 2015 low) completed a minor double top at the form highs, signaling the breakout above the 3-month falling channel is fake and the broad downtrend is resuming. Further bearish momentum opens .7084/.7034 (September 14/11, 2015 lows) ahead of the .6945 higher low (September 10, 2015). .7197 (September 21, 2015 high) should cap bounces.
Outlook:
Intraday: bearish bullish
Daily: bearish
Weekly: bearish
AUDSD reached .7274/.7279 (17/18 September highs) where the tough resistance cluster managed to cap the pair. Subsequent decline below .7137 (September 17, 2015 low) completed a minor double top at the form highs, signaling the breakout above the 3-month falling channel is fake and the broad downtrend is resuming. Further bearish momentum opens .7084/.7034 (September 14/11, 2015 lows) ahead of the .6945 higher low (September 10, 2015). .7197 (September 21, 2015 high) should cap bounces.
Outlook:
Intraday: bearish bullish
Daily: bearish
Weekly: bearish
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.