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reembegil
11 Jan 2018 pukul 04.34

Technical Analysis AUD/USD January 11th 2018 

AUD/USDOANDA

Huraian

The AUDUSD pair it is finding a resistance level at 0.78894 that matches with a 0.618 Fibonacci level, if the price breaks above this level, it is a good opportunity to buy, expecting to find the next supply zone at 0.80452.

If the price rebounds below the resistance, we can sell short, with our target at the fibonacci level 0.382 at 0.77450 (previous support level), at this level my recommendation is to wait until the price confirm the downtrend, with our next target at the demand zone at 0.76801 that matches with a 0.236 Fibonacci level.
Komen
NoelMdz
Good analysis. If the price breaks and closes above resistance, I would recomend to wait for a pullback prior to enter long at confirmation. This trying to avoid a trap given the bullishness of the pair for a month without a significant pullback.
reembegil
@NoelMendez, I totally agree with you.
Lebih