Thread: AUD/USD

OB's response zones to be analyzed soon on AUD/USD? Since 24.01 first larger order block escape new OB's were shaped in smaller times frames (15,30min). Looking at OB zone price contraction based on triangle because price came back to the zone out of extremes. Leaving order block can occur in both manners I give little opportunities to downwards levels. Weekly/daily charts are both overbought, running on it has resistance levels. Price is more dependent on USD since there is no much of fundamental gas for AUD, yet we're still viewing this uptrend. In case we see break down many support amounts will be analyzed (first OB's lesser level - 0.80785, lower intense - 0.8062 - bear in mind between 0.5 fib retracement, and 0.80296 before return to test preceding OB since most recent rally. USD opinion is blended because news and AUD has no important news for today.

Originally Posted by ;

crush any time or sooner.

Finaly==gt;0.8021 would make me happy...

In case it gets over 0.8125, then I won't market

but it actually does look like it is going to fall down

Originally Posted by ;

Hybrid to true. It's up for Aussie I think picture picture

Looking at the passing of the USD index, the against all odds revival of TPP for Australia but without America, along with tech analysis, I believe the white TL will become outdated.

Trump wants a weak $ to kickstart his factories across the property, and I think he'll get it.

Originally Posted by ;

if it has over 0.8125, then I won't market but it really does look like it is going to drop down

What makes it look like it is going to drop down?
Taking a look at the weekly and daily, we've got a verified break
I think 8125 will get taken out with the garbage

Originally Posted by ;

quote Why is it seem like it is going to fall down? Looking at the weekly and daily, We've Got a confirmed break I think 8125 will get removed with the garbage picture picture

it failed to get over 0.8125 which was a Fantastic level to market from, the daily chart shows that the rally is exhausting

0.8125 is the 2017 high and it must get over it to continue farther towards 0.8160 or higher, otherwise it may drop down hard

the drive for the rally is only USD weakness along with a Little Bit of commodity strength, so any correction will probably make the pair fall

Originally Posted by ;

quote it failed to get above 0.8125 that was a good level to sell out of, the daily chart shows that the rally is exhausting 0.8125 is that the 2017 high and it must get above it to continue farther towards 0.8160 or greater, otherwise it may fall down hard that the drive to your rally is only USD weakness and a little bit of commodity power, so any correction is likely to produce the pair tumble

It might crash shortly. Only closed my long. Sexy pips

It's a Trump/Mnuchin double play.

Politicians, can't trust 'em. .

Can't ...???

Head and shoulders completed goal. Renko HD system providing sign.

Safe trading

Originally Posted by ;

Head and shoulders finished goal. Renko HD system providing sign that is long. Safe trading image

Booked a pleasant and easy 40 pips. Now out and waiting to enter brief on the type of signal.