On Friday this week Australia is expected to publish economic data on the Retail Sales volume. Past data showed deterioration of consumer sentiment -0.3%, this time the consensus forecast is 0.4%.
AUD/USD, 30 min
Pivot: 0.6090
On Friday this week Australia is expected to publish economic data on the Retail Sales volume. Past data showed deterioration of consumer sentiment -0.3%, this time the consensus forecast is 0.4%.
Pivot: 0.6090
Provided that the currency pair is traded below 0.6115, follow the recommendations below:
In case of breakdown of the level 0.6115, follow the recommendations below:
As long as the resistance at 0.6115 is not broken-down, the risk of breakdown below 0.6045 remains high.
Resistance | Support |
0.6160 | 0.6045 |
0.6135 | 0.6020 |
0.6115 | 0.6000 |
Pivot: 0.6175
While the price is below 0.6300, follow the recommendations below:
If the level 0.6300 is broken-down, follow the recommendations below.
RSI shows a bearish mood.
Resistance | Support |
0.6685 | 0.5870 |
0.6490 | 0.5666 |
0.6300 | 0.5510 |
GBP/USD – sell below 1.2440 with 1.2360 and 1.2330 as Take Profit targets. Alternative scenario - if the level of 1.2440 is broken-down, you should consider buying with the targets 1.2480 and 1.2520 as Take Profit.
EUR/JPY - short positions below 118.07 with 116.69 and 116.30 targets as Take Profit. Alternative scenario - if the level of 118.07 is broken-down, sell with the targets 118.72 and 119.12 as Take Profit.
EUR/GBP - sell below 0.8879 with 0.8756 and 0.8721 targets as Take Profit. Alternative scenario - if the level 0.8879 is broken-down, sell with the TP 0.8938 and 0.8974.
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