ByLCMS Traders FX Analysis Team
AUG 31, 2021
AUD/USD Daily Forecast
AUD/USD is gaining upwards traction and moving towards August 20 high. The pair is currently trading at 0.7330 with immediate support levels at 0.7308 and 0.7276. The intraday resistance levels are at 0.7349 and 0.7374.
On the intraday charts, the price pattern is bullish and the pair is heading towards the SMA-14 resistance line which is at 0.7363. The SMA-50 resistance line is at 0.7383. The pair is now keeping above the mid-Bollinger band which is at 0.7293 while the upper and lower bands are at 0.7443 and 0.7144 respectively. The RSI is at 51 and has an upwards curve and the MACD is also indicating a bullish trajectory. The intraday and 4-hourly price patterns are bullish which favors buying entries on small dips using the following levels
Direction: Buy
Entry: 0.7305
Take Profit: 0.7350 – 0.7370
Stop-loss: 0.7375
风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。


