Tuesday 20 June 2017


AUDUSD,H4
TECHNICAL ANALYSIS

The price is running with strong downward momentum after reaction off a large resistance R. There is a probability for it to get to trendline support T to complete the swing. 

Close below T may lead price into daily a support zone around 0.75194 marked A. Daily candle close below A may lead price to fall to lower support zone around  0.74742 marked B. 

Close above R disqualifies the setup.



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