AUDUSD (long) breakout today - did anybody catch it? Lots of confluence

[AngieB]

Aussie shows good upward strength, I’m expecting a test of September 2017 high aorund 0.81 level.

 

[AngieB]

AUD/USD rallied today to reach a remarkable high at 0.8118. Indicators on th H4 are showing extreme overbought conditions, so the pair might pull back towards 0.8065.

 

[victoriajensen]

AUD/USD rallied today to reach a remarkable high at 0.8118. Indicators on th H4 are showing extreme overbought conditions, so the pair might pull back towards 0.8065.

The retracement may even reach 0.8040, although the move to the upside is likely not over yet.

 

[victoriajensen]

The pair fell to 0.8000 but it bounced off from that support and next week it will likely test the resistance at 0.8120 once again.

 

[victoriajensen]

AUD/USD is consolidating sideways above 1.8075 but the fundamentals this week should quickly end the consolidation.

 

[victoriajensen]

The sideways consolidation continues for now, the closest target is likely the support at 0.8040.

 

[victoriajensen]

The pair reached 0.8045 and bounce off from it but the pair is still relatively bearish and it will likely test that level again.

 

[victoriajensen]

AUD/USD briefly broke out below 0.8000 today, the next target could be around 0.7970, but that depends on the fundamentals tomorrow.

 

[victoriajensen]

The move to the downside continues, AUD/USD reached 0.7920. Next week there may be a further move to the downside towards 0.7800.

 

[victoriajensen]

The pair bounced off from 0.7890 today, but the overall move to the downside will likely continue.