H4 price is on primary bearish with secondary ranging market condition: The price is located below Ichimoku cloud/kumo and below Sinkou Span A line which is the virtual border between the primary bullish and the primary bearish on the chartChinkou Span line is indicating breakdown within the primary bearishNearest support level is 175.66 (H4)Nearest resistance levels are 177.52 (H4)and 178.05 (H4) D1 price is on primary bearish with secondary breakdown for trying ...
AUD/USD Monthly Technical Analysis for August 2014 Higher inflation data and the belief the Reserve Bank of Australia’s next move will be an interest rate hike, helped drive the AUD/USD into a new high for the year at .9504 last month. An improving economy in China also helped underpin the Forex pair at times during July. However, the stronger U.S. Dollar and the dumping of higher-risk assets helped drive the Aussie down during the last week of the July, leading to a lower close for ...
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