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Fellow traders,
Here is my prediction for AUD/USD. At this right moment AUD/USD mark 0.7355.
In my opinion this pair will range about 50/70 pips today. 0.73000 is the goal for today.
As we can see on H4 chart below, from end of last month this pair increase more than 4000 points in a row from 0.69500! First leg until 0.7211 and second leg until 0.73600. In my opinion, second leg is the last breath before go further upside.
On Daily chart below, we can see clearly a strong resistance around 0.7365. I call it Last Breath who can be extended until 0.74500 before pullback.
Remember, you can sell now with a very short stop loss or wait for a good bearish candlestick.
Good luck!
Here is my prediction for AUD/USD. At this right moment AUD/USD mark 0.7355.
In my opinion this pair will range about 50/70 pips today. 0.73000 is the goal for today.
As we can see on H4 chart below, from end of last month this pair increase more than 4000 points in a row from 0.69500! First leg until 0.7211 and second leg until 0.73600. In my opinion, second leg is the last breath before go further upside.
On Daily chart below, we can see clearly a strong resistance around 0.7365. I call it Last Breath who can be extended until 0.74500 before pullback.
Remember, you can sell now with a very short stop loss or wait for a good bearish candlestick.
Good luck!
