AUD/USD: Price is retracing inside the UP AB Boundary on the

Tian Kriek

Analyst


October 23, 2020 06:54 AM

BEARISH

Daily Trading Range:
AUD/USD: Price is retracing inside the UP AB Boundary on the Weeklt chart suggesting that the Direction of Highest Probability is Bearish. There is also a Down Fibonacci ABCD swing on the Daily chart with the D extension +320 pips away Get this chart and analysis for free. Copy and Paste the following link in your browser: https://smarttrader.com/charts/tkriek/tk-aod-ny-worskpaces-19oct/

Daily Chart

Daily Chart

Daily Support and Resistance

Resistance 3: 0.7750
Resistance 2: 0.7250
Resistance 1: 0.7000
Current Price 0.7145
Support 1: 0.6850
Support 2: 0.6700
Support 3: 0.6400

Two Hour Chart

Two Hour Chart
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