New to site?


Login

Lost password? (X)

Already have an account?


Signup

(X)
Farooq

Technical Analysis – AUDUSD _ 26-03-2019

HomeTechnical AnalysisTechnical Analysis – AUDUSD _ 26-03-2019
26
Mar
Technical Analysis – AUDUSD _ 26-03-2019

Yesterday, the pair received support from the SMA 100 on the four hour frame to close at a high near the resistance level of 0.7145. A breach of this resistance might reinforce the possibility of a bullish move. The pair could then target 0.7215 as the first target and resistance 0.7290 as the second target.

A return to the downside and a breach of support at 0.7055 might be enough to end the upside potential, and the pair could then go to test 61.8% Fibonacci at 0.6960.


Related Posts

Middle East Financial Investment