Risk sentiment continues to be more bullish and this pair has been a bullish beneficiary of that, although we saw that the big psychologically important round number at 0.7500 has so far been just...
Type: Posts; User: Santa
Risk sentiment continues to be more bullish and this pair has been a bullish beneficiary of that, although we saw that the big psychologically important round number at 0.7500 has so far been just...
Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 0.7300, 0.7250 or 0.7200.
https://charts.mql5.com/11/173/audusd-d1-riston-capital-ltd.png
Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 0.7860.
https://charts.mql5.com/10/927/audusd-d1-riston-capital-ltd.png
The closest key support and resistance levels are so far away from the current price that there is no point in giving any precise signals today. Key support is at 0.7350 and key resistance is at...
Short entry after bearish price action on the H1 time frame immediately upon the next entry into the zone between 0.7245 and 0.7300.
https://charts.mql5.com/10/237/audusd-h1-riston-capital-ltd-2.png
This situation persists as it continues to grind upwards slowly. There is a new development – we have quite clear probable support not far below now at 0.7125 which might be exploitable, but do so...
You'd better go short following a bearish price action reversal on the H1 time frame immediately upon the next entry into the zone between 0.7263 and 0.7279....