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Trading Signal AUDUSD- 16 / 08 / 2022 - 10:00 (GMT +3)


Instrument: AUDUSD

Previous Close 0.7020

Change -1.42 %

Current 0.7035


Support & Resistances

0.7000 0.7045

0.6980 0.7080

0.6945 0.7120


Trend & Condition

Downwards
Strong


Comments

The market is testing resistance at 0.7045. We are
waiting to see reversal signals in order to reinstate SHORT positions, or alternatively the downward break of the 0.7000 support level. Next important
resistance the 0.7080 level.

Position & Trade Probability

Position :  SELL      
Entry :  
SL :  

Trade P. :  Medium Low      
TP1 : 0.6980
TP2 : 0.6945

Legal Disclaimer: All trading signals provided are general recommendations. They have not been prepared in accordance with the requirements designed to promote the independence of investment research.
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