Intraday Elliottwave Analysis: AUDUSD, expect near term boarder range between 0.7400-0.7650
|AUDUSD traded in a narrow 40 pips' range yesterday.
Before Dollar Index is topped, I still expect boarder range trading in near term.
Bulls need to regain 0.7671/85.
To the downside, 0.7515, 0.7470/30 are solid support levels at least for several weeks.
Daily support Levels: 0.7559 0.7557 0.7529 0.7519 0.7514
Daily resistance Levels: 0.7583 0.7598 0.7603 0.7614 0.7637
Intraday Trade Idea: (spot 0.7567)
Buy Limit @ 0.7541 SL @ 0.7532 Take Profit @ 0.7559
Sell Limit @ 0.7617 SL @ 0.7643 Take Profit @ 0.7570
We provide Daily FX Report, Trade Copy, Email Alert and MT4 EA Rental. Free trial and 30 Days Money Back policy will be valid forever!. All the services could be Free
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.