AUDUSD - depreciation is coming
AUDUSD has been moving in consolidation since last Tuesday. As a result of growth lasting since Friday we are again in the area of its upper limit, where today occurred bearish reaction. Another rejection of this resistance could open the way to declines.
Looking at daily chart, we can see that potential falls could reach even level around 0.7760, which in the past was a strong resistance and now despite being defeated, has not yet been tested from the opposite side (as support). It is therefore worth considering short position on this instrument.
Looking at daily chart, we can see that potential falls could reach even level around 0.7760, which in the past was a strong resistance and now despite being defeated, has not yet been tested from the opposite side (as support). It is therefore worth considering short position on this instrument.
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Sprawdź największy polski portal traderski - comparic.pl i dołącz do najbliższej edycji konferencji InvestCuffs! expo.investcuffs.pl. Do zobaczenia w Krakowie!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.