AUD/USD broke key support area

AUD/USD broke key support area

  • AUD/USD broke key support area
  • Next sell target - 0.7650

AUD/USD recently broke through the strong support area lying at the intersection of the pivotal support level 0.7750 (which stopped the previous intermediate impulse wave (1)) and the 50% Fibonacci correction of the previous upward price impulse from June. The breakout of this support area accelerated the active impulse wave (3) from the middle of October. AUD/USD is expected to fall to the next sell target at the next support resistance level 0.7650.

aud

Similar

Bitcoin (BTC/USD): a bottom could be found soon?

The bears were the main protagonists during the past week since the price action remained consolidated below the 200-hour moving average and we have seen that the cycle that we mentioned in previous reports could triple, according to our projections in…

Popular

Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera