AUD/USD, 30 min
Pivot: 0.7775
Analysis:
Provided that the currency pair is traded above 0.7740, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.7775
- Take Profit 1: 0.7790
- Take Profit 2: 0.7815
Alternative scenario:
In case of breakdown of the level 0.7740, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.7740
- Take Profit 1: 0.7720
- Take Profit 2: 0.7705
Comment:
RSI shows the possibility of ascending momentum during the day.
Key levels:
Resistance -- Support
0.7840 -------- 0.7740
0.7815 -------- 0.7720
0.7790 -------- 0.7705
AUD/USD, D1
Pivot: 0.7746
Analysis:
While the price is below 0.7830, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.7746
- Take Profit 1: 0.7500
- Take Profit 2: 0.7370
Alternative scenario:
If the level 0.7830 is broken-out, follow the recommendations below.
- Time frame: D1
- Recommendation: long position
- Entry point: 0.7830
- Take Profit 1: 0.8000
- Take Profit 2: 0.8085
Comment:
RSI shows a bearish sentiment.
Key levels:
Resistance -- Support
0.8085 -------- 0.7500
0.8000 -------- 0.7370
0.7830 -------- 0.7210
USD/SGD Forecast Fundamental Analysis | US Dollar / Singapore Dollar
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