AUD/USD remain bullish above support - Forex247

Latest

Keep Your Trading Simple and Smart

Wednesday, March 1, 2017

AUD/USD remain bullish above support

We remain bullish above the 0.7668 support (long-term ascending support, horizontal support, Fibonacci extension) for a further push up to the0.7733 resistance (Fibonacci extension, horizontal resistance).

The RSI (34) is seeing strong support above the 41% level where we expect the price to continue to rise from.

Buy above 0.7668. Stop loss at 0.7646. Take profit at 0.7733.

analytics58b5a6e621f12.png

The material has been provided by InstaForex Company - www.instaforex.com


No comments:

Post a Comment