Intraday Elliottwave Analysis: AUDUSD, closed back below 0.7501

Yue Wang LinoCapital

AUDUSD closed back below 0.7501 and daily Ichimoku tenkan-Sen.

If Dollar Index breaks higher, Aussie is hard to regain uptrend momentum.

However I suggest to keeping position flexible before job data, look to sell on better levels.

Daily support Levels: 0.7463 0.7460 0.7456 0.7449 0.7435 0.7425 0.7414 0.7408

Daily resistance Levels: 0.7479 0.7481 0.7491 0.7506 0.7508 0.7522 0.7526 0.7528

Intraday Trade Idea:

Sell Latentinterest Order: 0.7528

Buy Latentinterest Order: 0.7408

Click on the image to enlarge

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Author

Yue Wang

LinoCapital

Master's Degree in Hepatobiliary Surgery. 

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