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AUDUSD Analysis forecast recommendation 12/17/2019

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AUDUSD Analytics based on the circular level, price channels and altered wave analysis.

17/12/2019 forex analyst forecasts AUDUSD recommendations
 

The overall trend is up AUDUSD. AUDUSD pair is in the range of 365 and 135 moving averages. Formed downward design level H1, which currently truncated. Also on Awesome Oscillator indicator formed bullish divergence.

 

 

 

AUDUSD recommendations:

AUDUSD to buy the pair formation uplink wave structure where the wave (aC) pierces inclined channel level H1 downlink structure thereby completing it. Buying at the top of penetration (AU).

Stop Loss under round intermediate level of 0.6850.

Target levels - 0.6920 (round secondary level - closing ½ warrant and the transfer to breakeven); 0.6980.

 

 

Analytics Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

 

 

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