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AUD/USD for 2 October

Chart Scale: Weekly, Monthly
Indicator: BB, 200 EMA, ATR, CCI Histogram
Support Resistence Area
ATR Monthly 351 Pips
Pair Analysis:
On the monthly Chat, there was a clear divergence in 2016/17 which shows the low could be in place. The CCI indicator shows Momentum, However Prices are strong resistence which should make it difficult to continue straight much higher. The weekly Chart shows a slowing Momentum but it is still in bullish area. Prices hit 200 EMA and higher Bollinger Band. I expect Pr…
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AUD/JPY

Technical Indicator used: horizonta/verticall lines
support and resistence
Ema 200 / 100 / 50 / 20
Weekly trend, monthly trend down, the pair has corrected up to the ema 200, the ema 200 acts as resistence at the moment. Atr falling, the pair will stay in sideways move.
Weekly chart:
Monthly Chart:
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ForexAlyoum avatar

Good View, wish you luck to win

sharpsense avatar

update: The CCi  Zeroline works as resistence, as well as the middle Bollinger Band. The pair is about 160 Pips away of target. But it has reverse from here which is not yet confirmed by the cci.

sharpsense avatar

update: it reached the target yesterday, slightly took out the high, now it fell about 100 Pips, there are chances that it will recover on the last day and reach the target very closely

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