Main Quotes Calendar Forum
flag

FX.co ★ Technical Analysis and Trading Recommendations for the AUDUSD Currency Pair as of July 11, 2017

parent
Forex Analysis:::2017-07-11T08:29:36

Technical Analysis and Trading Recommendations for the AUDUSD Currency Pair as of July 11, 2017

In the 4-hour chart, we can see the corrective movement where the pair reached the value of 0.7570, slowed down and moved in sideways.

Key Levels

Resistance - 0.7710 (+/- 20p);

Support - 0.7500;

Signals

- It is recommended to buy the pair at a price higher than 0.7630, with the target to move close to 0.7670 / 0.7710.

- Selling the pair is recommended and should be made at a price of 0.7600, with the target to move near 0.7575.

Technical Analysis and Trading Recommendations for the AUDUSD Currency Pair as of July 11, 2017

Pay attention: Forecasts are not a direct guide to action!

I INVITE everyone to take part in the next webinars on Technical analysis.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...