empty
InstaForex
Thank you for visiting www.instaforex.com
Unfortunately, the content of this website does not comply with the legislation of the country you are located in. Residents of the European Union can use services of the EU-regulated company at www.instaforex.eu
Kindly specify how you would like to proceed
View Content Anyway
I acknowledge that the content of this website is not intended to be promoted to EU residents and that in registering an account with instaforex.com, I will not be covered by EU regulations. I wish to proceed anyway.
View Compliant Сontent
I'd like to view the content of www.instaforex.eu that complies with the EU legislation.
11.11.2021 06:11 AM
AUDUSD is approaching Pivot, potential for bounce! | 11 Nov 2021

This image is no longer relevant

Price is on a bullish momentum forming a potential bullish trendline. We see potential for a bounce from our 1st support at 0.72534 in line with 78.6% Fibonacci retracement ascending trendline and graphical swing low towards our 1st resistance at 0.73587 in line with 38.2%,61.8% and 61.8% Fibonacci retracement. Alternatively, our stop loss will be placed at 2nd support at 0.71703 in line with 127.2% Fibonacci extensions and graphical swing low. RSI is approaching levels where bounces occurred previously.

Trading Recommendation

Entry: 1.1617

Reason for Entry:

78.6% Fibonacci retracement and 78.6% Fibonacci retracement

Take Profit: 1.15413

Reason for Take Profit:

Horizontal swing low and 61.8% Fibonacci extension, 61.8% Fibonacci Retracement

Stop Loss: 1.16509

Reason for Stop Loss:

127.2% Fibonacci extension

Dean Leo,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Dean Leo
Start trade
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 $9000 more!
    In May we raffle $9000 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
  • 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