Support - S1 : 0.7230 | S2 : 0.7195 | S3 : 0.7142
Resistance - R1 : 0.7318 | R2 : 0.7372 | R3 : 0.7400
Main Trend - Bullish
Intraday Trend - Bullish
In the 4H chart of forex technical analysis for the exchange rate AUDUSD, we observe that EMA(50) and EMA(200) have upward crossed between them and the price is above EMA(50). There are two Andrew's Pitchfork. The blue Andrew's Pitchfork is upward and prices move within the lower channel. The red Pitchfork is downward and price remain within the upper channel.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
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Resistance - R1 : 0.7318 | R2 : 0.7372 | R3 : 0.7400
Main Trend - Bullish
Intraday Trend - Bullish
In the 4H chart of forex technical analysis for the exchange rate AUDUSD, we observe that EMA(50) and EMA(200) have upward crossed between them and the price is above EMA(50). There are two Andrew's Pitchfork. The blue Andrew's Pitchfork is upward and prices move within the lower channel. The red Pitchfork is downward and price remain within the upper channel.
Considering all the details from the charts of forex technical analysis we can detect all critical levels and trading targets for H1 and H4 timeframes:
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