forex_managed_account_1

AUDUSD broke 200 day MA yesterday. Moves toward next key target today.

Discussion in 'Technical Analysis' started by ForexLive, Mar 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    18,922
    Likes Received:
    1
    Double top at 0.7381/85 area The AUDUSD broke above the 200 day MA yesterday at 0.7256. Today a topside trend line was breached at 0.7350. For longs, that is a risk level below. The next target is another key level which should/is soliciting attention. The level corresponds with the highs from October and November. The high today stalled at 0.7373. Be aware.

    Read full forex technical analysis here
     

Share This Page

free forex signals