OANDA:AUDUSD   澳元/美元
46 0 2
The pair is in correction. The fall is possible.

On the daily chart the upward correction (4) of the higher level has formed. At the moment the development of the fifth wave (5) has begun, within which the downward entering momentum of the lower level (i) has formed, and the upward correction (ii) is developing. If the assumption is correct, the pair will go down to the level of 0.7500 after the end of the correction. The level of 0.8133 is critical for this scenario.

Main scenario

Short positions will become relevant after the end of the correction (ii) below the level of 0.8133 with the target at 0.7500.

Alternative scenario

The breakout and the consolidation of the price above the level of 0.8133 will let the pair grow to the level of 0.8250.

Trade

Scenario

Timeframe Weekly
Recommendation SELL
Entry Point 0.7876
Take Profit 0.7500
Stop Loss 0.8000
Key Levels 0.7500, 0.8133, 0.8250

Alternative scenario

Recommendation BUY STOP
Entry Point 0.8140
Take Profit 0.8250
Stop Loss 0.8080
Key Levels 0.7500, 0.8133, 0.8250
More analytic from LiteForex:
English https://www.liteforex.com/trading/forex-analysis/?uid=880952068&cid=12118
Malay https://www.liteforex.my/trading/forex-analysis/?uid=880952068&cid=12118
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
首页 股票筛选器 外汇信号搜索器 加密货币信号搜索器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出