AUDUSD (3/22/15) Daily outlook
Things to note on AUDUSD:
1. Critical 61.8% retracement level has been broken. Indicating sellers are in control.
2.The best entry short would to wait for a monthly halfway back, entering at a level around .85347
3. Intraday trading we are only taking shorts until daily fib swings show bulls are in control.
Target #1 short is .71167.
Daily Stochastic: Overbought
Monthly Stochastic: Over Sold
This pair is a little unbalanced currently, but many opportunities to make smaller time frame trades.
1. Critical 61.8% retracement level has been broken. Indicating sellers are in control.
2.The best entry short would to wait for a monthly halfway back, entering at a level around .85347
3. Intraday trading we are only taking shorts until daily fib swings show bulls are in control.
Target #1 short is .71167.
Daily Stochastic: Overbought
Monthly Stochastic: Over Sold
This pair is a little unbalanced currently, but many opportunities to make smaller time frame trades.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.