good information and sharing thank you*Australian Dollar Climbs To 9-day High Of 0.6924 Against U.S. Dollar
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Terbaik analysis.Forecast for AUD/USD on January 23, 2020
The Australian dollar absorbed a positive market sentiment relative to the British pound yesterday, and just this morning, this news was actively played back on the positive employment data. By December, about 29 thousand people got a job, this is contrary and higher than the 15 thousand on the forecast. This makes the overall unemployment rate fell from 5.2% to 5.1%. In the Asian session, the growth of the "Australian dollar" graduated to 34 points, and the price exactly reached the MACD line on the daily chart. In the European session, exit above the line 0.6880 with consolidation above it and on Friday, the growth may extend to the price channel line 0.6903.
The price exceeded the MACD line on the four-hour chart but is still under the balance line, which means that the situation is developing mainly according to the older chart. For this day, everything will depend on whether the price can fix itself above the MACD line on the daily chart. The signal line of the Marlin oscillator in the zone of positive values is already a sign of the price's intention to overcome the resistance of the senior TF, but in any scenario this growth is corrective.
penuh details. terbaik analisa macam niFractal analysis
For the Australian dollar / US dollar pair, the key levels on the H1 scale are: 0.6776, 0.6750, 0.6734, 0.6694 and 0.6651. Here, the price is near the limit value for the descending cycle of January 16. We expect a rollback to correction from the level of 0.6694. Its passage by the price will be accompanied by an unstable movement to the bottom. Here, the potential target is 0.6651, but it is not recommended to work towards this value.
Short-term upward movement is expected in the range of 0.6734 - 0.6750. The breakdown of the latter value will lead to an in-depth correction. Here, the target is 0.6776. This level is a key support for the bottom and before it, we expect the initial conditions for the upward cycle to be formed.
The main trend - we expect a correction
Buy: 0.6734 Take profit: 0.6750
Buy: 0.6752 Take profit: 0.6774
Sell: Take profit:
Sell: 0.6680 Take profit: 0.6655