Intraday Elliottwave Analysis: AUDUSD, neutral in the range
|AUDUSD traded in a narrow 100 pips' range last week.
Only above 0.7671/85 will erase immediate downside risk.
To the downside, 0.7515, 0.7470/30 are support levels.
For now we have to focus on intraday short term trade and wait for better opportunities.
Daily support Levels: 0.7550 0.7539 0.7518 0.7509
Daily resistance Levels: 0.7579 0.7584 0.7603 0.7638
Intraday Trade Idea: (spot 0.7563)
①Buy Limit @ 0.7484 SL @ 0.7463 Take Profit @ 0.7508
②Sell Limit @ 0.7573 SL @ 0.7591 Take Profit @ 0.7540
Click on the image to enlarge
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.