Mahtab_Tradia

AUDUSD First Rise, Then Fall

看空
FX:AUDUSD   澳元/美元
As you see, we have a sharp downtrend for AUDUSD which is currently in the bullish correction phase in the form of an ascending parallel channel.

Currently, there is no bearish signal yet and price is retracing and rising.

I expect more rise in price for now, around 0.76 - 0.7645 which is a supply zone there and almost equivalent to 61.8% of fibonacci reversal level either.

MACD shows a negative hidden divergence:
Although price is making a lower high, MACD is making a higher high which gives us a bearish signal for future and we might see a fall from the mentioned levels with two possible targets: 0.7475 and 0.7340

You can also enter short after the downside breakout on the ascending channel’s lower band.

Join My Telegram Channel:
t.me/Tradia_Channel

Follow My Instagram:
Mahtab_Tradia

My YouTube Channel:
youtube.com/channel/UCLVMX3VGgdo8d02jF99SihQ
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。