AUDUSD reached its highest levels since the beginning of the year, recovering the entire decline!
Yesterday we saw a Bear Engulfing, which signals the current exhaustion of the rise.
It's caused by the accumulation of profits and the possibility of adjustment.
Today at 18:00 (GMT) we expect Fed Interest Rate Decision.
The news will be a catalyst for movement.
As no matter where we see a breakthrough, we expect the price to continue.
It is possible to place pending orders.
Support levels:
0,6681
0,6538
0,6458
Resistance levels:
0,7177
0,7273
0,7357
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If you have the same or different vision for the future movement - comment!
Yesterday we saw a Bear Engulfing, which signals the current exhaustion of the rise.
It's caused by the accumulation of profits and the possibility of adjustment.
Today at 18:00 (GMT) we expect Fed Interest Rate Decision.
The news will be a catalyst for movement.
As no matter where we see a breakthrough, we expect the price to continue.
It is possible to place pending orders.
Support levels:
0,6681
0,6538
0,6458
Resistance levels:
0,7177
0,7273
0,7357
If you find this useful - give us a like!
If you have the same or different vision for the future movement - comment!
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Disclaimer
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✅ 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.