Condizioni di trading
Strumenti
Overview:
The AUD/USD pair will continue to rise from the level of 0.7490. The support is found at the level of 0.7490, which represents the 50% Fibonacci retracement level in the H1 time frame.
The price is likely to form a double bottom. Today, the major support is seen at 0.7490, while immediate resistance is seen at 0.7535. Accordingly, the AUD/USD pair is showing signs of strength following a breakout of a high at 0.7509. So, buy above the level of 0.7509 with the first target at 0.7535 in order to test the daily resistance 1 and move further to 0.7550.
Also, the level of 0.7568 is a good place to take profit because it will form a double top. Amid the previous events, the pair is still in an uptrend; for that we expect the AUD/USD pair to climb from 0.7509 to 0.7568 today. At the same time, in case a reversal takes place and the AUD/USD pair breaks through the support level of 0.7490, a further decline to 0.7450 can occur, which would indicate a bearish market.
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.