On September 1, AUDUSD reached its highest value in 2 years. But then he needed a break. In the middle of the month we saw a lower peak and a lower bottom after that.
As you know, this is forming a trend and we expect to see a lower peak again.
The moment we expect is now because we already have repulsion from the resistance levels and fixation of the peak.
If the trend continues, we should see a break of the previous bottom and reaching the support levels.
Today we expect additional moves when publishing NFP!
If you like the analyzes we do - like, comment and follow us!
As you know, this is forming a trend and we expect to see a lower peak again.
The moment we expect is now because we already have repulsion from the resistance levels and fixation of the peak.
If the trend continues, we should see a break of the previous bottom and reaching the support levels.
Today we expect additional moves when publishing NFP!
If you like the analyzes we do - like, comment and follow us!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.