AUD/USD | Australian Dollar to US Dollar Trading Analysis

AUD/USD, 30 min


AUD/USD, 30 min


Pivot: 0.7735


Analysis:

Provided that the currency pair is traded above 0.7710, follow the recommendations below:

  • Time frame: 30 min
  • Recommendation: long position
  • Entry point: 0.7735
  • Take Profit 1: 0.7750
  • Take Profit 2: 0.7770


Alternative scenario: 

In case of breakdown of the level 0.7710, follow the recommendations below:

  • Time frame: 30 min
  • Recommendation: short position
  • Entry point: 0.7710
  • Take Profit 1: 0.7695
  • Take Profit 2: 0.7675


Comment:

RSI shows the possibility of ascending momentum during the day.


Key levels:

Resistance -- Support

0.7785 -------- 0.7710

0.7770 -------- 0.7695

0.7750 -------- 0.7675




AUD/USD, D1


AUD/USD, D1


Pivot: 0.7744


Analysis:

While the price is below 0.7830, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.7744
  • Take Profit 1: 0.7580
  • Take Profit 2: 0.7500


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 -------- 0.7580

0.8000 -------- 0.7500

0.7830 -------- 0.7370

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