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Sforex
13. Dez. 2015 05:38

Aussie: I want to BUY, but need a bounce at 0.7200 

Australian Dollar/U.S. DollarFXCM

Beschreibung

Last week, I hoped A/U extended the rally after strong employment report,but unfortunately the drop of commodity price cut the advance.

However, I want to BUY Aussie ahead FED meeting.

A/U now stops at key support level at 0.7200; it also SMA100 and near the celing of Kumo cloud. Kumo cloud here is very thin, so it's hard to hold A/U, not a meaningful support.

This week, I watch carefully the reaction of AUDUSD around 0.7200 level, if I see a real bounce, I will jump in BUY, if it breaks Kumo cloud, a SELL is activated.

Kommentare
LaiptaiCervinskas
Hello everybody,
Everyone is thinking about AUDUSD currency pair and here we go this is a nice video regarding to the pair, please hind this in the video youtube.com/watch?v=lDG14QQ_yz8
FXKOPPA
To attract the buyers and pull up till 0,7580 it needs to touch 0,7140 so from there it has more good acceleration to upside.
Sforex
Yes,Kumo cloud is at there.
trader515
and why would it need to touch 0.7140 any magic in that number?
Sforex
Kumo cloud is at there.
FXKOPPA
you have to love aussie and it will tell you the magic it play all the time
FXKOPPA
7182-7161-7140 , as the market has reached till 0.7161 , if you are aggressive you may buy with stop @0.7120 otherwise stay calm and buy @0.7146 ,
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