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Thread: AUD/USD

  1. #1
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    AUD/USD

    Thread for AUD/USD discussion - latest news, technical analysis, forecasts and opinions.

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  2. #11
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    As we can see that bullish correction happens as it was supposed to be at the chart and now if we shit to weekly chart we would see not much movement this week and market bounce , so if market close with the doji pattern trend will turn to neutral , as long as prices not go further .9500 below

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    Aussie still has the support which is yet much stronger for the Aussie which is 0.92529 so if market remain above it then market will try to do some recovery and if break , then Aussie will face more selling pressure

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    The aussie can not hold yesterday bullish , and now current last candle were close with lot of momentum in downward movement so if the aussie can not go beyond the price 0.9773 and not hold it then Aussie will get down once again

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    For the aussie the zone of 0.9650 and 9591 is a very classical point because its strong support and of the Aussie able to break it and if today close with the downward momentum we may can see that more selling we can see today

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    The Aussie hits the new lower of the year and for aussie selling is still progress as yesterday we have talked about classical points so hence there is not near support market will have to get the support first to bounce back

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    Aussie still failed even yesterday was not good for usd we see that index dropped but aussie somehow continue the bears movement in the chart so if market break the trend line , more changes to reach towards the 0.9389 or even more below of this

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    market is touched the level of two year back , Aussie gap down and making another new lower of the tear , overall trend is bearish , because usd nfp change the momentum selling steam still remain here

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  9. #18
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    The Aussie turned so far the bullish week movement and yet has upper spike but the Aussie as well hits the new lower of the year in this week so , if market goes further below the trend lines seller can be seen in the market

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  10. #19
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    The last week was closing with the positive momentum at the chart , but today also agree with last week closing , near resistance 0.9653 , after breakout of this , we would see the more buying

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    Aussie is wondering again under the sell pressure , since weekend open , losing momentum , sell higher but for the Aussie psychological level is 0.9400 floor , if market goes below of this then we can say aussie would see again pressure

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