AUDUSD - Temporarily Bullish & Buy .7462 Dip. Stop .7441
​This week's signals are just temporarily bullish for the AUDUSD and Monday's trading is so far confirming this view with sentiment posting a gain of 0.5 Big Fig on the day. Although this is positive prices are improving towards falling moving averages so the bullish outlook is becoming increasingly cautious. With this in mind we would reduce exposure to weekly longs and for Tuesday only buy modestly on the open and then at .7462, today's low in Asia with a stop loss at .7441, this week's opening trade. Targets are to .7513, the 2 week high, .7557, May's top and .7644, April's high trade.
3cAnalysis – live analysis that improves trading performance. Our analysis is highly respected by major Institutions throughout the UK and Europe. We set the standards for high end, live, independent technical analysis research across 3 asset classes and 3 time frames and with exceptional directional success over more than 9 years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.