Australian Dollar vs US Dollar AUDUSD Free Forex Signals
6 negative daily performances in succession
The overnight rally has been sold into and there is scope for further bearish pressure going into this morning
The previous swing low is located at 0.6165
A Fibonacci confluence area is located at 0.6157
We are trading at oversold extremes
Preferred trade is to buy on dips
Key Signal Parameters
- Parameter
- Value
- Instrument
- AUDUSD
- Signal Type
- BUY LIMIT
- Timeframe
- 4H
- Entry Point
- 0.61600
- Stop Loss
- 0.61270
- Take Profit 1
- 0.62350
- Take Profit 2
- 0.61250
Signal Breakdown with Key Levels
