AUDUSD : Intraday View

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 9, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Joined:
    Sep 1, 2015
    Messages:
    4,104
    Likes Received:
    1
    AUDUSD has turned nicely to the upside, probably into a new corrective move; ideally into wave 2 that can retrace back to 0.72800-0.7300 area. We can see nice resistance there; former swing low and 50-61.8% retracement level which is ideal for second waves.That said, this region can be interesting for short entries but after a three wave bounce. Fibonacci time levels suggests that pair can turn down tomorrow in late US hours or on Friday during Asian hours. AUDUSD, 1H

    Continue reading...
     

Share This Page

free forex signals