OANDA:AUDUSD   Dolar Australia/Dolar U.S
The pair can fall.

On the 4-hour chart, the development of the upward correction has ended as a second wave 2 of (5) of the higher level, shaped as a zigzag . Locally the fifth wave of the lower level (v) of c of 2 has ended. If the assumption is correct, the pair will fall to the level of 0.7653. The level of 0.7875 is critical for this scenario.

Main scenario

Short positions will become relevant during the correction, below the level of 0.7875 with the target at 0.7653.

Alternative scenario

The breakout and the consolidation of the price above the level of 0.7875 will let the pair grow to the level of 0.7945 and further.

Trade

Scenario

Timeframe Weekly
Recommendation SELL
Entry Point 0.7844
Take Profit 0.7653
Stop Loss 0.7910
Key Levels 0.7653, 0.7875, 0.7945

Alternative scenario

Recommendation BUY STOP
Entry Point 0.7880
Take Profit 0.7945
Stop Loss 0.7820
Key Levels 0.7653, 0.7875, 0.7945
More analytic from LiteForex:
English https://www.liteforex.com/trading/forex-analysis/?uid=880952068&cid=12118
Malay https://www.liteforex.my/trading/forex-analysis/?uid=880952068&cid=12118
Bahasa Melayu
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Laman Utama Pengimbas Saham Pengesan Isyarat Forex Pencari isyarat mata wang Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar