AUD/USD below resistance, remain bearish

[ad_1]

Price continues to hover below our resistance. We look to sell on strength below major resistance at 0.7629 (Fibonacci

retracement, horizontal overlap resistance, descending resistance, price gap) for a further push down to at least 0.7537 support (Fibonacci extension, horizontal swing low support).

Stochastic (34,3,1) is seeing major resistance below 94% where we expect a corresponding drop from.

Sell below 0.7629. Stop loss at 0.7660. Take profit at 0.7537.

analytics5a2645740af6e.png

The material has been provided by InstaForex Company – www.instaforex.com

[ad_2]

Source link

قالب وردپرس



We hope you enjoyed reading the above post. How about helping us share the information to your fans and friends on social media? Meanwhile, you can rely on us daily for the latest and relevant free forex trading signals, free forex trading market news, free forex trading technical levels, weekly Pool draws, latest news from Nigeria and the world, educational articles and quality academic information, insurance news and scientific knowledge.



Do you need a classical ORGANIST or an excellent music teacher? CALL Fabian on 08033983034 or email him at agfab2013@gmail.com


Follow us on twitter @newsbeatportal

learn how to make profit from your losing bets on nairabet, bet9ja, merrybet, surebet. 07030635051
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535


Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.

Konga Verified Blogger

Leave a Reply