Price Action

Thursday, November 16 2023
AUD/USD
03:08 pm (GMT +0200)
30 minutes Timeframe

AUDUSD is negotiating between 0.64605 and 0.65031.  A decisive plunge below the 0.64605, it will generate a sell signal with immediate targets 0.64435 and 0.64349.  A protective stop loss is recommended at 0.65031.

Should the pair manage to exceed the resistance level at 0.65031, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
0.64435

direction
Target 2
0.64349

direction
Target 3
0.64179

direction
Target 4
0.63966

entry
Entry
0.64605
entry
Stop Loss
0.65031

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction

Price Action

Thursday, November 16 2023
AUD/USD
03:08 pm (GMT +0200)
30 minutes Timeframe

AUDUSD is negotiating between 0.64605 and 0.65031.  A decisive plunge below the 0.64605, it will generate a sell signal with immediate targets 0.64435 and 0.64349.  A protective stop loss is recommended at 0.65031.

Should the pair manage to exceed the resistance level at 0.65031, it will eliminate the downtrend scenario, generating a buy signal.

Price Action Outlook:

Bullish
direction

Profit Levels

direction
Target 1
0.64435

direction
Target 2
0.64349

direction
Target 3
0.64179

direction
Target 4
0.63966

entry
Entry
0.64605
entry
Stop Loss
0.65031

Trend Confirmation

Momentum
direction
LWMA
direction
MACD
direction