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Thread: AUD/USD

  1. #41
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    so we have the level for today again the oldest resistance at our chart which do exits very well in chart , the pivot is the level .9297 , since another support around the level .9015, so all price action since whole week under in these pivots , so more likely we would see that market may try to give the touch to the down boundary of our chart

  2. #42
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    We got the fib level respect in different way but still market is bouncing around the pivot of the 38.2 and now able to get through the 23.6 fib level , with the immediate breakout the goal 0 fib level,, but before this 23.6 have to act like the support first which currently resistance.

  3. #43
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    we have the the very strong resistance around the pivot 0.9300 which market unable to give the test and remain wondering below of this level , price given one test to 0 fib level and bouncing back to the 23.6 fib level , more likely with the breach of the 23.6 fib market will go to the level 38.2.

  4. #44
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    Market now facing the double bottom at the chart , the more psychological level 0.9221 , more likely market has more tendency break this level , Aussie has now getting the selling pressure , trying to leave the 93.xx pivot so fast , for today bias remain bearish..

  5. #45
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    0.9130 is not the support created by the trend-line and market holding the trend-line currently , further we may can see that prices are unable to further fall , but we had yesterday prediction for sell which happens today , so more likely if this trend-line breakdown , selling remain in action.

  6. #46
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    Prices are getting rebound towards the level of the 23.6 fib level and more likely the Aussie isn't able to show more strength and hence after reaching towards the such level , the Aussie will start dropping more , so overall trend is a bearish

  7. #47
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    As we had yesterday analysis for the market , the market did it nicely and we may can see that Aussie heading downward currently, and now there is correction which not more than the 23.6 fib level expected.

  8. #48
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    Aussie almost reach the 3 year lower at the chart currently and there is no nearest support currently for the aussie and currently yesterday closing accepted by the market which means market still fully bearish bias and next expected pivots to be seen 0.xx to 0.87.xx

  9. #49
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    Aussie try do the some recovery, which we may can see at the chart, weekend closing with a hanging man pattern , in a down trend , which showing the sign bullish bias , but if the it's true pattern then the prices first should have to breakout through the trend line which we have currently in our chart.

  10. #50
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    we got hanging man in yesterday closing and we can see that current candle obey it so nicely which means that now bias has turned into the bullish trend because from the candles patterns view it's a bullish pattern ,but this correction will not even go 0.900

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