Trading Strategies

AUD/USD Daily Report

Daily Pivots: (S1) 0.7617; (P) 0.7690; (R1) 0.7737; More… AUD/USD’s break of 0.7641 resistance turned support now suggests that deeper correction is underway. Intraday bias is back on the downside for 38.2% retracement of 0.6991 to 0.7819 at 0.7503. Overall, the up trend from 0.5506 would remain intact as long as 0.7413 resistance turned support
The post AUD/USD Daily Report appeared first on Action Forex.

Daily Pivots: (S1) 0.7617; (P) 0.7690; (R1) 0.7737; More… AUD/USD’s break of 0.7641 resistance turned support now suggests that deeper correction is underway. Intraday bias is back on the downside for 38.2% retracement of 0.6991 to 0.7819 at 0.7503. Overall, the up trend from 0.5506 would remain intact as long as 0.7413 resistance turned support […]

The post AUD/USD Daily Report appeared first on Action Forex.

Leave a Reply

Your email address will not be published. Required fields are marked *