AUDUSD– Buyer are on waiting and sellers are pushing

Welcome to our Academy. We’re here to help you achieve what you have been looking for.

Use our free analysis where you have everything you need for potencial trade ideas and profit.



AUDUSD– Buyer are on waiting and sellers are pushing

Trend: Sell/ Neutral

Support/Resistance:
R3: 0.67700
R2: 0.67514
S1: 0.67235
S2: 0.67068
S3: 0.66828

Price action:
At the moment we are in overall sellers trending idea. Sellers might push price lower and test buyers supports. After testing this supports we'll see how strong are buyers. Lately if buyers are able to turn the market then we can go bullish from second resistance and higher. But right now we are focusing on sell side from overall market idea, so after after breaking first support level at 0.67235 then we can expect price to go to our second support and after breaking that level, we can expect price to test second support level.
*We are recommending using custom indicator which tells you exact entries, correct risk management and smart profits.*

Potencial trade idea:

Bulls targets:
T1: 0.67700

Bears targets:
T1: 0.67068
T2: 0.66828

NOTE – We are trading AUDUSD via the preferred trading setups


Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


Keywords:
Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education

Good trading!

Elitefxacademy