empty
 
 
02.10.2012 12:44 PM
AUDUSD Point and Figure Chart

 

AUD/USD on 303 Chart:
On 303 chart the pair came closer to the level of support 1.031 where it can meet the main uptrend line.
Now we have a high probability of upward movement resuming towards resistance level of 1.046.
It is reasonable to buy the pair.

 

This image is no longer relevant

 

AUD/USD on 203 Chart:
203 chart has registered the ascendant movement from the level of support 1.034.
The main tendency is still downtrend, but, if taken into account the longer time frame, it is possible to buy pair with the first target placed at 1.046 level.

 

This image is no longer relevant

 

AUD/USD on 103 Chart:
On 103 chart the pair resumed its descending movement in the terms of correction.
We recommend buying the pair when the price is close to 1.033, the level of strong support.
The main target for buyers is resistance levels of 1.051.

 

 

This image is no longer relevant

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • 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 $6000 more!
    In December we raffle $6000 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

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback