KingLLD

AUDUSD Quick Technical analysis

KingLLD アップデート済   
OANDA:AUDUSD   豪ドル/米ドル
The analysis is mainly based on trendlines. the next move will depend which trendline is broken.
コメント:
The dollar is rallying around the support area and support trend-line. Might need few more days to get the real long-term movement on the pair.
コメント:
The pair just bounced off on the ascending trend-line support.
コメント:
The pair still moving within the resistance and support zone. I anticipate a breakout on the support and 'the blue support area' with a head and shoulder chart pattern. This movement will go downwards till 0.70000 - 0.70200.
コメント:
Currently the pair is trading at the descending trend-line resistance. This resistance indicates strength since it has been pushing the price down since the beginning of 2019 in January. Can short the pair until the blue support zone and have your stop loss just few pip above the resistance.
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