Analytics AUDUSD pair based on the circular level, price channels and altered wave analysis.
Technical AUDUSD Forecast
Resistance level 0.6930 kept buyers AUDUSD pair. Probably formed reversal mnogosvechnaya design "Head and Shoulders".
H1 timeframe we see that the pair AUDUSD traded in a range of round important level 0.6900. Rising truncated design level H2 ended breaks inclined channel. The indicator Awesome Oscillator formed Medvezhye discrepancy. round Breaking 0.6880 secondary level will downlink structure formation within the wave (C) H12 level.
Recommendations for AUDUSD trade:
Traders to sell the pair AUDUSD below 0.6880 round secondary level.
Stop Loss of mirror 0.6930 level.
Target levels - 0.6850 (closing ½ and the translation into the black); 0.6782 (138.2% Fib A H12).
Analytics Grand Capital
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