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Analysis

AUDUSD - We look to Sell at 0.7613

AUDUSD - We look to Sell at 0.7613 (stop at 0.7643).

AUDUSD - Broken out of the wedge formation to the upside. The formation has a measured move target of 0.7505. Trend line resistance is located at 0.7619. Bespoke resistance is located at 0.7614. There is scope for mild buying at the open but gains should be limited. Our profit targets will be 0.7505 and 0.7496.

 

AUDUSD Current Trading Positions

Sell 33%
Buy 67%
100.0%33.0%0304050607080901000
 
Avg Sell Price 0.7670
Avg Buy Price 0.7545
Liquidity Distribution
0.74400.76110.78320.74400.76110.7832SellBuy
 

 

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