AUD/USD,D1
Pivot: 0.7310
Analysis:
Provided that the currency pair is traded below 0.7400, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.7310
- Take Profit 1: 0.7200
- Take Profit 2: 0.7100
Alternative scenario:
In case of break-out of the level 0.7400, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 0.7400
- Take Profit 1: 0.7530
- Take Profit 2: 0.7650
Comment:
RSI shows the possibility of a downtrend during the day.
Key levels:
Resistance --- Support
0.7650 -------- 0.7200
0.7530 -------- 0.7100
0.7400 -------- 0.7000
AUD/JPY Forecast Fundamental Analysis | Australian Dollar / Japanese Yen
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