Australian Gold!
After much analysis on USD, it is clear that the dollar is looking to correct. For more information view my article Down with the Dollar!
On the four hour for AUDUSD, price is currently holding between my yellow fib level 61.8 and my white fib level @78.6. Price action over previous days was rather good. It was formerly on the major quarter point @0.725 and crashed through to its current level.
As of now AUDUSD is on a downtrend. It seems like a reversal trend is forming but it is too early to tell. I set a green counter-trendline for if price breaks it, then bullish momentum is confirmed.
On the other hand, if price breaks my 78.6 fib level @0.70122, then further downtrend is confirmed.
On the four hour for AUDUSD, price is currently holding between my yellow fib level 61.8 and my white fib level @78.6. Price action over previous days was rather good. It was formerly on the major quarter point @0.725 and crashed through to its current level.
As of now AUDUSD is on a downtrend. It seems like a reversal trend is forming but it is too early to tell. I set a green counter-trendline for if price breaks it, then bullish momentum is confirmed.
On the other hand, if price breaks my 78.6 fib level @0.70122, then further downtrend is confirmed.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。