Technical Analysis for AUDUSD - H1 Timeframe - December 29, 2021
- AUDUSD is below MA and below Pivot Point. RSI is below 50 level. Down Trend is observed.
- Price is following upward triangle but could not sustained above up the top trend line, reversing from here will make it move downward.
- Good example for consolidation at top with narrow range is formed.
- Alternative Scenario – One can wait for it to check S2 - 0.72073 (Horizontal Line) Below that intraday down trend may start.
- Watch out levels for intraday trading.
- Price is following upward triangle but could not sustained above up the top trend line, reversing from here will make it move downward.
- Good example for consolidation at top with narrow range is formed.
- Alternative Scenario – One can wait for it to check S2 - 0.72073 (Horizontal Line) Below that intraday down trend may start.
- Watch out levels for intraday trading.
Bharat Pandya @Prospire
+91 9624044866
pandyabn76@gmail.com
+91 9624044866
pandyabn76@gmail.com
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.