Hi Traders!
AUDUSD is under more pressure, and there is a potential support break on the 1D chart.
Price Action 📊
The price action currently looks bearish, with market swings showing lower highs and lower lows.
We are looking for a break and a close below the support price at 0.62856, which is the yearly low.
Fundamental Analysis 📰
Last Thursday, employment figures from Australia lessened expectations of an RBA rate hike, which has the Australian dollar currently trading under pressure.
Support 📉
0.62856: YEARLY LOW
Resistance 📈
0.63298: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
AUDUSD is under more pressure, and there is a potential support break on the 1D chart.
Price Action 📊
The price action currently looks bearish, with market swings showing lower highs and lower lows.
We are looking for a break and a close below the support price at 0.62856, which is the yearly low.
Fundamental Analysis 📰
Last Thursday, employment figures from Australia lessened expectations of an RBA rate hike, which has the Australian dollar currently trading under pressure.
Support 📉
0.62856: YEARLY LOW
Resistance 📈
0.63298: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
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t.me/bluetonaFX
t.me/bluetonaFX
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.