AUDUSD approaching major support, prepare for a bounce

FX:AUDUSD   澳幣/美元
Intro: AUDUSD has been dropping nicely and we’re seeing a strong support area where a bounce might occur.

Buy above 0.7731. Stop loss at 0.7633. Take profit at 0.7986.
Reason for the trading strategy (technically):
Price is approaching major support at 0.7731 ( Fibonacci extension , Fibonacci retracement , horizontal overlap support) and a strong bounce from this level would push price up towards 0.7986 resistance ( Fibonacci retracement , horizontal swing high resistance). We have to be careful about intermediate resistance at 0.7890 too.
Stochastic (34,5,3) is seeing major support at 0.4% where a corresponding bounce could occur.
Yes.slow and steady uptrend likely to resume.
Will be in 3rd Wave of the 5th W.
NIce!! Agreed with you analñysis my friend
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出