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AUDUSD

Discussion in 'Analisa Teknikal' started by OSN, Apr 26, 2020.

  1. OSN

    OSN
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    [​IMG]
    AUDUSD is currently rallying around 0.63934. On the chart above , the previous candle closed below the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active Down trend . This trend is supported by the fact that the price is above the previous day's Lowest Low 0.63845
    . While we continue to see a sustained move above 0.63845 we expect a surge much Higher with an Ideal Target at 0.63029. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 0.619890
    from freshforex technical analysis
     

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