AUDUSD could possibly give one more push.
On the daily there are strong bullish candles moving to the upside on the daily chart. So those price pushes are showing me that it could possibly make its way to the upside and to give us one more push before turning over.
the 4hr is showing a very strong trend from last week, it might just continue to the upside, but of course will be waiting for a pullback. Even those from last week the market have been having pretty strong and deep pullback at the 61.8 and the 70% Fibonacci, I wouldn't be moved if it has a deep pullback for the next push to make it to the upside. Waiting for price to come into range between the 0.68569 - 0.68694. And wait for price to come retest that trend line and make that push. if not we will have to wait or readjust .
1hr is showing the same from the 4hr. Price came into a structure area at 0.68205, and broke out of structure as price sits on top of structure, the 1hr is showing nice support, 2 pushes while the 3rd push is still going, waiting for the pullback and pushes off to the upside.
Let's see how this plays out.
the 4hr is showing a very strong trend from last week, it might just continue to the upside, but of course will be waiting for a pullback. Even those from last week the market have been having pretty strong and deep pullback at the 61.8 and the 70% Fibonacci, I wouldn't be moved if it has a deep pullback for the next push to make it to the upside. Waiting for price to come into range between the 0.68569 - 0.68694. And wait for price to come retest that trend line and make that push. if not we will have to wait or readjust .
1hr is showing the same from the 4hr. Price came into a structure area at 0.68205, and broke out of structure as price sits on top of structure, the 1hr is showing nice support, 2 pushes while the 3rd push is still going, waiting for the pullback and pushes off to the upside.
Let's see how this plays out.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.