Trade Idea AUD/USD intraday: the upside prevails. |
Pivot: 1.035
Our preference: Long positions above 1.035 with targets @ 1.045 & 1.05 in extension. Alternative scenario: Below 1.035 look for further downside with 1.029 & 1.023 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. |
Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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