empty
 
 
14.08.2020 03:50 PM
AUDUSD short-term technical analysis

AUDUSD remains in a bullish trend making higher highs and higher lows. Should we expect any time soon a big reversal? What condition needs to be met to get the bearish signal?

This image is no longer relevant

Black line - horizontal resistance

Green line - bullish channel

Red rectangles- touches on 0.7050 level

AUDUSD remains inside the bullish channel. Key short-term and medium-term support is found at the horizontal black line and at the lower channel boundary at 0.7050 area. The 0.7050 price level has been tested several times before (red rectangles) from below and price got rejected. Now that price has broken above this level, we consider it to be important support. Breaking below this level will open the way for a deeper pull back probably towards 0.66.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback