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AUDUSD 04.05.2021
Overview:
Prices are moving sideways
Expected scenario:
It is possible to wait for the pair until it reaches the level of 0.7700 - 0.7692 to enter buying if positive signals appear, targeting 0.7750 levels.
Alternative scenario:
On the other hand, we think that it is possible to wait for the pair until it reaches 0.7800 - 0.7815 and to go short in the event that negative signals appear to target 0.7720.
Resistance | 0.7800 | 0.7815 | 0.7860 |
Support | 0.7700 | 0.7690 | 0.7650 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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