AUD/USD full analysis
short term
the price will fall 120 pips, then it will meet the current strong support at level 0.69600. When this level is respected and the rejection is seen, we will take a buy postion to take 150 pips until reaching the horizontal resistance and the dynamic monthly resistance at the level 0.70900
long-term
when the level 0.69600 is reached, in event of a break below it with closing daily candle, will seel more fall, and we will update the targets in another analysis in the case with rise and reaching the other level 0.70900 When rejected, it will be the beginning to sell, if its break and stability above it by closing a daily candle , this will be our opportunity to buy. We have nothing but to take small targets now and monitor the mentioned pivotal prices
the price will fall 120 pips, then it will meet the current strong support at level 0.69600. When this level is respected and the rejection is seen, we will take a buy postion to take 150 pips until reaching the horizontal resistance and the dynamic monthly resistance at the level 0.70900
long-term
when the level 0.69600 is reached, in event of a break below it with closing daily candle, will seel more fall, and we will update the targets in another analysis in the case with rise and reaching the other level 0.70900 When rejected, it will be the beginning to sell, if its break and stability above it by closing a daily candle , this will be our opportunity to buy. We have nothing but to take small targets now and monitor the mentioned pivotal prices
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