๐ฆAUD/USD Finally Declines
๐ฆThe falls on AUD/USD that we have all been waiting for so long have finally arrived.
๐ฆThe decline came from around the resistance zone.
๐ฆDetermined by the 0.382 level of the entire 2021-2022 fall wave.
๐ฆThis is where the strongest resistance is currently located.
๐ฆThe price has not had the strength to continue its movement for several weeks now, as could be seen from the accumulation that was taking place.
๐ฆThe key moment for the price decline was the FED's decision to raise interest rates by 50 basis points, which provoked investors to buy the dollar.
๐ฆWe are currently at an interesting level, which in my opinion could hold the price for some time.
๐ฆBut I see it ultimately at the support zone I have identified.
๐ฆThis is based on a cluster of two fibo levels. The first 0.382 of the entire upward wave from the bottom. The second 0.236 of the 2021-2022 wave.
๐ฆLooking at the MACD and the RSI, it looks like the way is open for declines.
๐ฆAlso, we have pierced the 50-period moving average.
๐ฆThe scenario I'm playing out is a continuation of the declines to around the 0.66 level. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๐ฆThe falls on AUD/USD that we have all been waiting for so long have finally arrived.
๐ฆThe decline came from around the resistance zone.
๐ฆDetermined by the 0.382 level of the entire 2021-2022 fall wave.
๐ฆThis is where the strongest resistance is currently located.
๐ฆThe price has not had the strength to continue its movement for several weeks now, as could be seen from the accumulation that was taking place.
๐ฆThe key moment for the price decline was the FED's decision to raise interest rates by 50 basis points, which provoked investors to buy the dollar.
๐ฆWe are currently at an interesting level, which in my opinion could hold the price for some time.
๐ฆBut I see it ultimately at the support zone I have identified.
๐ฆThis is based on a cluster of two fibo levels. The first 0.382 of the entire upward wave from the bottom. The second 0.236 of the 2021-2022 wave.
๐ฆLooking at the MACD and the RSI, it looks like the way is open for declines.
๐ฆAlso, we have pierced the 50-period moving average.
๐ฆThe scenario I'm playing out is a continuation of the declines to around the 0.66 level. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ
๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ www.t.me/Investmatez ๐ฒ
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ
๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ www.t.me/Investmatez ๐ฒ
๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ๐ซ