AUDUSD - Intraday - We look to Buy at 0.6745 (stop at 0.6715)
Posted Mixed Daily results for the last 7 days. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Trading between support at 0.6745 and resistance at 0.6821. Preferred trade is to buy on dips. Price action is forming a bullish flag which has a bias to break to the upside. The formation has a measured move target of 0.6885.
Our profit targets will be 0.6815 and 0.6885
Resistance: 0.6816 / 0.6885 / 0.6925
Support: 0.6745 / 0.6700 / 0.6677
Posted Mixed Daily results for the last 7 days. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Trading between support at 0.6745 and resistance at 0.6821. Preferred trade is to buy on dips. Price action is forming a bullish flag which has a bias to break to the upside. The formation has a measured move target of 0.6885.
Our profit targets will be 0.6815 and 0.6885
Resistance: 0.6816 / 0.6885 / 0.6925
Support: 0.6745 / 0.6700 / 0.6677
Trade active
Triggered
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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.
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.