AUD/USD D1 chart
Currently I'm having a 150+ pips and just waiting for the price to reach my target below 0.96670.
Stochastic lines are in the overbought area but staying there could result to more upward movement.
MACD histogram starting to show some buying volume and MACD line crossed-over the signal line signal's of price to go higher.
RSI break the 70 level and staying at overbought area meaning I should be cautious that the price might start to go down anytime soon.
ADX line just started to show a trend by making a line going upward. Hopeful to see this line to reach level 40 or more.
I'm planning to add a new long entry above 0.96670 price with a target price at 1.010 level.

No comments:
Post a Comment