AUDUSD - We look to Sell at 0.7613

Pia-first Team PIA-first

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%

Avg Sell Price 0.7670

Avg Buy Price 0.7545

Liquidity Distribution

Author

Pia-first Team

PIA-first

Our analysis service is provided by 4 market professionals who have between them spent 85 years in investment bank and professional firm dealing rooms as traders, salesmen and analysts.

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